Seanad debates
Tuesday, 3 December 2019
Finance Bill 2019: Committee Stage (Resumed)
2:30 pm
Rose Conway Walsh (Sinn Fein) | Oireachtas source
There were certainly intended consequences when the banks were up to their necks in reckless trading. I think it is obscene that we are rewarding these banks now. We have had one debacle after the other. We have had the tracker mortgages and everything else. It is obscene that they can avail of tax write-offs and we will not even agree to an absolute ten-year limit on the use of losses. It is absolutely morally wrong, with people who have suffered at the hands of the banks and continue to suffer, and with all the money we are continuing to pay back just to service the loans, to reward them with a tax write-off.
No comments