John McGahon (Fine Gael) | Oireachtas source

I thank Professor McGuinness. On the final page of the document, he stated, “In this case, the level of transition costs can be covered by the Irish State through a modest increase in borrowing or taxation.” We were talking two weeks ago about, for example, the concept of a solidarity tax that would be paid on top of income tax for a certain number of years. In his view, what would be a modest increase in taxation and how long would it be for?