Richard Bruton (Dublin North Central, Fine Gael)

I am sure the Minister is aware that while he says the shortfall in stamp duty is €400 million all of this occurred in the past four months. This is an indication of a rapid deterioration in stamp duty. The Minister has accepted the €1 billion per 10,000 new starts and this suggests there may be tax difficulties next year. Does he anticipate revising the manifesto commitments in some respects so that we would have a more realistic view of what the Government now believes can be achieved with the revenue that is likely to be available?

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