Dáil debates
Wednesday, 5 December 2012
Financial Resolution No. 5: Excise
6:20 pm
Éamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source
I want to make a final point. When we introduced the change in the rates of taxation for energy-efficient cars it was not foreseen that the industry would change so rapidly and that there would be so much loss of revenue. I accept, therefore, that something must be done to adjust that, but I ask the Tánaiste to examine the issue of older cars because we now have a situation in which there is a large difference in tax between two different 1.9-litre cars. Raising the tax on the older cars - many people cannot afford new cars - is a disproportionate hit on those who are less well off. There was a case, therefore, for narrowing but not eliminating the gap-----
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