Brian Cowen (Laois-Offaly, Fianna Fail)

I am sure they were based on the best judgments and advice then available. I did not oppose them at the time. In hindsight one can look back on many issues. What I said candidly was that looking at it now, knowing what subsequently happened, one will see that the elimination of property-based incentives could have happened sooner. In hindsight that would be the way in which one would try to slow down the rate of growth.

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