Elaine Byrne: What structural defect means taxpayers always carry the can?

The homeowners in the mica scandal must be compensated, but the taxpayer deserves some consideration too

20th June, 2021
Elaine Byrne: What structural defect means taxpayers always carry the can?
Minister for Public Expenditure Michael McGrath, who was Fianna Fáil finance spokesman when Quinn insurance collapsed, said at the time: ‘Taxpayers have been left on the hook for the losses.’ Picture: Rollingnews.ie

Why is the taxpayer always held responsible for the irresponsibility of others? The mica issue is the latest in a litany of controversies in which the pockets of the exchequer are used to bail out others for their failures. The estimated cost to the taxpayer of the redress scheme is €1.5 billion.

Thousands of affected homeowners from Donegal, Mayo, Clare and Sligo marched to the Dáil last week to seek redress for structural defects in...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Analysis: Zappone row illuminates uncompetitive nature of diplomatic appointments

Politics Daniel Murray 2 days ago

Elaine Byrne: A man of ‘courage and consequence’ who lifted the lid on corruption in Irish politics

Politics Elaine Byrne 5 days ago

Varadkar accuses Doherty of workplace bullying and posturing for social media

Sipo wants two-year jail term for breaches of ban on lobbying after leaving public office