Dáil debates

Tuesday, 8 October 2019

Financial Resolution No. 3: Stamp Duties - Section 126AA Bank Levy

 

10:00 pm

Photo of Danny Healy-RaeDanny Healy-Rae (Kerry, Independent) | Oireachtas source

I am opposed to the proposed increase in Financial Resolution No. 4 in respect of non-residential properties, which will affect farmers.

The farmers are badly enough off, as was outlined earlier today. We all know that for farmers to continue to exist they must invariably buy a bit of land to increase production and stay in the race. For that reason, I oppose Resolution No. 4. It would also affect young people buying a site from a farmer or landowner. In addition, it would affect developers buying a larger site to build more houses. All that would happen then is that the price of the house would increase to the young man or woman who wishes to buy a house to make a home for themselves. I am opposed to the measure.

Likewise, I am not happy with Resolution No. 3. We all know the banks were bailed out by the people of this country and they seem to be getting away lightly. I do not think that is right.

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