The Green Party has called for the return of the 80 per cent windfall tax on land rezoning profits to bring in €1.3 billion for the exchequer.
The tax was introduced by the late Minister for Finance Brian Lenihan Jnr in 2009 at the request of the Green Party, but it was abolished by his successor Michael Noonan in 2014. At the time, Noonan argued that the tax had become a barrier to transactions in the property market.
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