Projecting adjusted acreage and yield
Leonard challenged how the Department could know the country’s adjusted acreage and project tax revenue before the system was established. O’Brien said the tax would not take effect until 1986 and maintained that the expected yield could be reasonably projected.
How then would the Minister or his Department know the number of adjusted acres involved or calculate the yield therefrom?
Comment on this
As the Deputy is aware, in regard to any such financial structure — whether it be the raising of money from tobacco, spirits or whatever — one project yields and there is a reasonable projection here. We are satisfied——