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Financial Resolution No. 4: Value Added Tax (6 Dec 2011)

Micheál Martin: On a point of order, we amended it again to read "30 minutes".

Financial Resolution No. 4: Value Added Tax (6 Dec 2011)

Micheál Martin: The Leas-Cheann Comhairle might not be aware of the amendment. During the last vote we agreed to spend 30 minutes discussing the VAT resolution and reduce the time allowed for the remaining resolutions. The Government Whip agreed to spend 15 minutes on the next resolution and allow an extra ten minutes to discuss this resolution, bringing the total time allowed to 30 minutes.

Financial Resolution No. 4: Value Added Tax (6 Dec 2011)

Micheál Martin: May we formally agree to it now?

Financial Resolution No. 4: Value Added Tax (6 Dec 2011)

Micheál Martin: That is fine.

Financial Resolution No. 4: Value Added Tax (6 Dec 2011)

Micheál Martin: We agreed to have a new slot. I do not know where the Chief Whip has gone, but everyone agreed to have a new slot.

Financial Resolution No. 4: Value Added Tax (6 Dec 2011)

Micheál Martin: The Tánaiste has no problem with the request made.

Financial Resolution No. 4: Value Added Tax (6 Dec 2011)

Micheál Martin: We will add ten minutes for the discussion on this motion and take five minutes from the time allowed for each of the next two motions.

Financial Resolution No. 4: Value Added Tax (6 Dec 2011)

Micheál Martin: No one proposed a VAT increase in 2012.

Financial Resolution No. 5: Income Tax (6 Dec 2011)

Micheál Martin: A Cheann Comhairle-----

Financial Resolution No. 5: Income Tax (6 Dec 2011)

Micheál Martin: I will take 40 seconds. We need to get away from the idea that when someone goes out sick, he or she is deliberately doing so in order to be absent from work. That was the point made in the Minister's speech, because this measure featured in a paragraph entitled "absenteeism". The purpose is to punish workers who go sick. I do not know what the Labour Party is doing at this stage, but it...

Financial Resolution No. 5: Income Tax (6 Dec 2011)

Micheál Martin: It will save €13 million.

Financial Resolution No. 5: Income Tax (6 Dec 2011)

Micheál Martin: €13 million.

Financial Resolution No. 7: Stamp Duties (6 Dec 2011)

Micheál Martin: I can understand the rationale for this proposal. I take it that the basic objective of the exercise is to try to kick-start the property industry. In this context the Budget Statement was interesting. At one level there was a good deal of criticism of the fact that the property bubble was a fundamental factor in the collapse of the economy but the more deeper underlying problems relate to...

Financial Resolution No. 7: Stamp Duties (6 Dec 2011)

Micheál Martin: Was advice received on this taxation measure and, if s,o is it possible for it to be published? Was there any lobbying by interest groups in favour of the introduction of such a measure and, if so, is it possible for this information to be published? How was the figure of €64 million calculated? It seems to indicate an expectation or anticipation of approximately €2 billion worth of...

Financial Resolution No. 7: Stamp Duties (6 Dec 2011)

Micheál Martin: For heaven's sake.

Financial Resolution No. 7: Stamp Duties (6 Dec 2011)

Micheál Martin: I disagree with the Minister.

Written Answers — Banking Sector Regulation: Banking Sector Regulation (6 Dec 2011)

Micheál Martin: Question 16: To ask the Minister for Finance if he has considered or will consider changes to competition law to deal with what the Financial Regulator recently referred to as the dysfunctional nature of the banking market and which he cited as one of the main factors preventing ECB mortgage interest rate cuts being passed on. [38310/11]

Budget Statement 2012 (6 Dec 2011)

Micheál Martin: The Deputy needs a further minute, given all the heckling.

Budget Statement 2012 (6 Dec 2011)

Micheál Martin: Actually, we did not.

Budget Statement 2012 (6 Dec 2011)

Micheál Martin: The Taoiseach stated they would be 1.6% two weeks ago.

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