Oireachtas Joint and Select Committees

Wednesday, 6 November 2019

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2019: Committee Stage (Resumed)

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The Minister says it is not a massive change but it is an €11 million change. It is not small change. We could go over different aspects of the Finance Bill, including the investment to deal with the trolley crisis, autism services, mental health services and many other things. There are many areas where there is greater dependency and in which an €11 million injection is more greatly deserved as opposed to ensuring those who are already inheriting €330,000 tax free can inherit an extra €15,000. That will cost every single person. It is taken away from services. It has to come from somewhere. That is where it goes. God help anyone who is listening to or watching this, but they will never see this benefit. This involves a small group of people and ensuring there is a greater tax-free transfer of wealth for them. The Minister and Fine Gael have an ideological position on this. I understand that, but I oppose the proposal completely. Is it the intention to go to €500,000?

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