Seanad debates

Tuesday, 3 July 2007

Finance (No. 2) Bill 2007: Committee Stage

 

5:00 pm

Photo of David NorrisDavid Norris (Independent)

I am speaking directly to the recommendation. I am conscious of the strict discipline, the Cathaoirleach's firm lash, under which I operate.

As Senator O'Toole said, it was not just the principal Opposition party which created the confusion. Mr. McDowell added to this and the Minister's party is not entirely guiltless in this respect.

In his Budget Statement the Minister stated, "In the current market situation, any stamp duty cuts would more likely than not be incorporated in the sale price and so end up in the pocket of the seller." This sounds like a very clear commitment not to tinker with stamp duty. I note the Minister is shaking his head but he is shaking it so feebly——

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