Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

While I have some concerns about any possible abuse of this, for the Minister not to consider it when it has been raised on a number of occasions and not try to tie down any possible unintended consequences but to deal with the substance of what Deputy Donnelly is seeking to do would be a gross inequity, given that in many cases vulture funds have been given a tax holiday on rental income or capital gains to the tune of millions. Many of these funds will walk away having paid literally nothing in tax unlike those who are caught up accidentally in a situation which is largely not of their making but the making of another generation of property speculators. That amounts to a supreme irony and inequity. Even if the Minister thinks there is a problem with, or flaws in, this amendment he should explain what he is going to do on the substantive point for the people who are genuinely caught up in this situation through no fault of their own.

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