Eamon Ryan (Dublin Bay South, Green Party) | Oireachtas source

In the Green Party's period in government we helped to introduce a tax on super-normal profits relating to speculation in land. This is an essential measure to try to avoid a return to the housing bubble conditions and to bring down the cost of building. It is interesting that the Society of Chartered Surveyors Ireland said earlier today that the cost of building in Dublin is incredibly high, largely due to high land prices. Will the Department of Finance consider reintroducing such a tax and what would the arguments be against such a measure?

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