Oireachtas Joint and Select Committees

Thursday, 13 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming Economic and Financial Affairs Council: Minister for Finance

10:30 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

-----assessable is a pretty big jump. The Minister has indicated in the past that this concerns standard accounting practice, reliefs and so forth. There must be a very serious discussion about that. It is a pretty big jump, as far as I am concerned, and we need to drill down into the matter. We need to examine what measures have been included in Finance Bills over the past ten to 20 years that have got us to this point. Frankly, we must consider the justice of this. That level of a gap between the gross income of a family or household and assessable income does not exist. Deputies earn €70,000 in theory, although in my case I earn €36,000 as we give back the remainder-----

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