Dáil debates

Thursday, 17 September 2009

National Asset Management Agency Bill 2009: Second Stage (Resumed)

 

6:00 pm

Photo of Mary WhiteMary White (Carlow-Kilkenny, Green Party)

Deputy Rabbitte's party colleague said last week that the windfall tax to deter speculation was too late to be of relevance. If that is the case, Deputy Burton should remind Deputy Quinn of the Oireachtas committee he established in 1983, as Minister of State in the Department of the Environment, to examine "possible legislative measures to deal, in the interests of the common good, with the supply and cost of building land". When he established the committee Deputy Quinn said the problem of land prices had got worse and had not eased since 1973 when the Kenny report was submitted to Government. Neither that nor subsequent Labour Party Governments addressed this issue. We in the Green Party are ensuring, through this measure, that land speculation is controlled and an 80% windfall land tax is implemented.

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