Michael Noonan (Limerick City, Fine Gael)

Yes, I will bear the Deputy's advice in mind. I think we are ad idem on this. It is also worth noting that there are various kinds of financial transaction taxes. The one that France says it will introduce in the summer is close to the stamp duty we already apply to share transactions. However, the one in the Commission paper is far more wide-reaching and, in my view, would be injurious to Ireland.

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