Dáil debates

Thursday, 9 December 2021

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

 

12:50 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I suppose they would probably argue that they already make that contribution through the bank levy, which applies to banks that in some cases were not bailed out by the State, and one that has already repaid all of the money it was given. The levy was brought in for that purpose. Some of the institutions would argue that they are now paying for it through that levy. I am not sure I agree with that argument, but that is the argument they would make. However, it is very much the view of the Government and the Minister of Finance that the cost of this should not fall entirely on the taxpayer. The Minister is working on a proposal to introduce a levy on the construction sector. That will not cover the entire cost of it, but it will cover some of it. He will have that ready for the budget next October with a view to introducing it from 2023.

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