Seanad debates

Wednesday, 12 May 2004

5:00 pm

Photo of Terry LeydenTerry Leyden (Fianna Fail)

It has created more tax income. As the Minister has all the figures I shall not dwell on them. He reduced capital gains tax from 40%. At one stage capital gains tax was 60%. The difference now is that people are prepared to buy and sell so that there is development and innovation. That is the difference. Fianna Fáil and the Progressive Democrats are pro-development, pro-progress and pro-jobs. The Minister has made all this possible by making it worthwhile to sell property——

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