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...

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