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Cowan says Fine Gael's stamp duty proposals are 'daft'

14/04/2007 - 16:13:15
The Finance Minister says Fine Gael's proposals to reform stamp duty are "daft" and will threaten thousands of jobs.

Brian Cowen says the main opposition party's policy is "poorly thought-through".

He claims their plans would threaten the value of everyone's house and not just those who are in the process of buying.

"It's obvious what's going to happen - it's just a badly thought through idea," he said.

"And it's being compounded now by the fact that the labour party are trying to cobble a joint policy arrangement with them on foot of that proposal, which seems to help people who are selling expensive houses," he said.

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