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Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: The Minister did that, in fairness.

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: Why was the stamp duty reform which is being currently proposed not done in the budget?

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: The Minister said these people required help.

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: Why did the Minister not bring his own proposals?

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: Why is the Minister bringing this proposal forward if he does not agree with it?

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: The nonsense, such as it was——

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: ——was originated by the man who used to occupy the office the Minister occupies now.

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: Michael McDowell. The Minister might remember him, although I know he is gone a couple of weeks.

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: He said stamp duty of €3 billion——

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: The Office of the Tánaiste. He was the Tánaiste, I think.

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: I might have missed that particular comment. He was the man who initiated the discussion regarding stamp duty. He indicated €3 billion was being collected that we did not need. That introduced a level of uncertainty into the property market and as a result of his proposals, the Opposition brought out proposals of its own. The Minister is perfectly entitled to disagree with them.

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: I am sticking to them, in fairness. I listened to over an hour of an uninterrupted contribution from the Minister. What I am really trying to do is get him to respond to the suggestion of Senator O'Toole.

Seanad: Finance (No. 2) Bill 2007: Committee Stage (3 Jul 2007)

John Paul Phelan: I would like him to respond to the recommendations as proposed.

Seanad: Finance (No. 2) Bill 2007: Second Stage. (3 Jul 2007)

John Paul Phelan: If I can get back to the Opposition benches, I will be happy.

Seanad: Finance (No. 2) Bill 2007: Second Stage. (3 Jul 2007)

John Paul Phelan: I am always constructive.

Seanad: Finance (No. 2) Bill 2007: Second Stage. (3 Jul 2007)

John Paul Phelan: Government people also.

Seanad: Finance (No. 2) Bill 2007: Second Stage. (3 Jul 2007)

John Paul Phelan: What was the Tánaiste's proposal?

Seanad: Finance (No. 2) Bill 2007: Second Stage. (3 Jul 2007)

John Paul Phelan: I know where I am.

Seanad: Finance (No. 2) Bill 2007: Second Stage. (3 Jul 2007)

John Paul Phelan: That is what one calls "brass neck".

Seanad: Finance (No. 2) Bill 2007: Second Stage. (3 Jul 2007)

John Paul Phelan: This is not a budget.

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