Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

We all agree with hyperbole as a good way of making a point on some occasions, but this is blatant exaggeration. The rate of tax is 0.18%. Even a deferral for 20 years would result in an outstanding charge of not more than 3.6% to 4% of the house value and that will not drive anyone out of his or her home.

See this speech in context