Seanad debates

Tuesday, 14 December 2021

Finance Bill 2021: Committee and Remaining Stages

 

10:30 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

It is a report. However, the Senator concluded his argument with a statement regarding my attitude and my views on the housing market. In such circumstances, I am equally entitled to make a point about his. I understand how appealing his arguments are, and I understand why the argument regarding REITs and IREFs is attractive to those who are facing difficulties at the moment. The reason I support the taxation structure that is in place is because, ultimately, I believe it will lead to the building of more homes. It will lead to an increased supply of apartments, particularly within our larger cities. For that reason, I am of the view that the taxation structures we have in place are appropriate. The reason I am not supporting the compilation of a report is that the information the Senator is looking for is available through other means apart from requiring a report to be done through the Finance Bill.

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