Whenever a loophole in the law is discovered and closed, we are routinely assured that it is not possible to change the law retrospectively.
Thus chancers and tax dodgers who have availed of such loopholes get to keep the benefits they’ve managed to extract from the system - whether that gets them off a drink-driving charge or avail of huge but unintended tax reliefs.
However, when it comes to political bribes, there seems to be no such problem with making legislation retrospectively effective. Thus Fianna Fail can finally unveil their stamp duty proposals and increased mortgage interest reliefs for first time buyers, both backdated. Fianna Fail promises that both these measures will be given retrospective effect if the party is returned to power.
This isn’t the first time that FF has pulled such a stunt on behalf of its supporters. Back when Bertie was Finance Minister in the early 1990s, the Revenue Commissioners were pursuing Ken Rohan for a BIK tax assessment of over £1m. Not only did Bertie introduce an amendment in the Finance Bill which removed the particular BIK liability, he also backdated the effect of that amendment for a period of 12 years.
Rohan was able to tear up the Revenue bill, and it was later confirmed that Rohan was the only person in the country to apply for relief under that tax provision. No one should assume that regular political donations had anything to do with the then Minister for Finance’s consideration in this case.
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- Inappropriate Speed Limits
- McDowell leads PDs down the road to perdition
- Post-Election Tranquility - for the moment
- Time to fire John Deasy
- McDowell's missed opportunity
- Clouds, Silver Linings etc..
- Michael McDowell - No Thanks
- A Vote for Roche is a Vote for.......
- Going for Chelsea Gold
- McDowell's credentials in question
- Latest election betting
- What Bertie won't tell you.
- Hung Dail in prospect
- Tomorrow's News Today!
- Are PD Chickens coming home to FF roost?
- Latest odds on Election Outcomes
- The Great Election Debate
- Is Michael McDowell a democrat?
- Bertie's latest digout from friends
- Last sting of a dying B?
- Clinton, Blair & Mitchell endorse Bertie Ahern
- Where are the Alternative Rottweilers?
- Get ready for musical chairs
- Bertie does Sisyphus
- Beresfordgate will rumble on.
- Bruton mugged by Biffo on RTE
- New poll boost for alternative coalition
- Charlie's Epitaph
- Eurovision kettle calls pot black
- Public Probity has many facets.
- Ireland winner at Eurovision High-Low
- McDowell pardons Ahern
- Dun Laoghaire - gone to hell.
- Political Probity comes at a price.
- It's getting bitchy out there!
- Are our nurses over-qualified or under-paid?
- Battle of the Boyne revisited
- Tony Blair's Political Legacy
- What's left of McDowell & PD credibility?
- FF Election Tactics and a compliant media
- Ireland's Titanic Eurovision song
- McDowell throws toys out of the pram!
- The "Fourth Way"
- Bertiegate and the silence of the opposition
- Sauve qui peut!
- Retrospective Legislation
- The bookies win again.
- AC Milan 3 - Man UTD 0
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- What would old Mr Brennan say?
- Bertiegate & CAB
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