Mary Hanafin (Dún Laoghaire, Fianna Fail)

Indeed. It would ensure that we would not have an overheated speculative market in the future but it may not be relevant today, as the two Mayo men have pointed out. Not all of any increase in the value of land could be pointed towards the actual rezoning and therefore it would not all be subject to the 80% tax rate.

See this speech in context