Results 8,541-8,560 of 35,679 for speaker:Pearse Doherty
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: I am absolutely not wrong. The Minister will not give an accurate figure for the number of taxpayers who will not benefit from his marginal tax rate measure because it does not exist. We have loads of ideas regarding personal taxation. We have argued about those who are paying higher levels of tax. We also believe more people should be exempt from USC and that tax credits should be...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: Test them.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: It is interesting that when the Minister was disputing the figures he did not put them on the record because the impact of his taxation measures excludes the vast majority of taxpayers in this State. That is the reality of it.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: There are ways in which we can do this. The Minister could have looked at many of the proposals we put forward that would deal with the cost of living for those people, for example, who need additional social welfare supports and renters who need additional supports. He could have reduced childcare fees by two thirds over two years, as we suggested. He could have helped middle-income...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: The Minister spoke about a press release going out at the end of last week after the Cabinet decision to bring forward this measure which in the Minister's view will increase the cost of diesel and petrol by another 2 cent from around 1 January onwards. Most people will not know this and will be asking what the hell is going on here. They are crippled with the cost of petrol and diesel....
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: Three months later.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: I move amendment no. 26: In page 122, after line 35, to insert the following: “Report on the VAT treatment of domestic energy bills 56.The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on the VAT treatment of domestic energy bills and options regarding the effective removal of VAT on domestic energy bills...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: I move amendment No. 19: In page 96, between lines 3 and 4, to insert the following: “Report on the introduction of a higher rate of capital gains tax on high-income individuals 40. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the introduction of a 40 per cent rate of capital gains tax on the disposal...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: I move amendment No. 20: In page 96, between lines 3 and 4, to insert the following: “Report on the treatment of capital gains tax with respect to worker-owned cooperatives 40.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the treatment of capital gains tax in instances where a company or shares of a...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: What is interesting about this Report Stage amendment, unknown to myself, is that the Government's increase on biofuel from 11% to 13% will mean that there will be an increase in the price of petrol and diesel at the pumps. That is expected to take place from 1 January 2022. Many families out there are seeing the price of petrol and diesel increasing. Regardless of the amounts involved,...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: To respond to the Minister, policy should be scrutinised and I have no problem in him scrutinising my policies. I welcome the fact when we get down to the detail of it and have to put details on the record. Deputy Durkan thinks we are misguided and all of the rest of it, and I like him too, on a personal level. There is no harm in this but his party members are supporting a party that has...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: Deputy Durkan's comment was that I am putting forward the idea of capital gains tax and hammering those who have the money. I am not putting forward the idea of capital gains tax. Capital gains tax applies to everybody else, it just does not apply to IREFs or REITs. What I am saying is that everybody else has to pay capital gains tax, but there is an exemption for these two funds. Deputy...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: That is not right. I will give an example. If a handful of us set up a company and we purchased a number of rental properties and we have a rental income of €10 million per annum, then the company will have to pay corporation tax on the income. If we dispose of some of those properties, we will have to pay capital gains tax at the upper limit. If the company then wants to give us...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: This is irrelevant. We are talking about a tax issue.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: This is a strategic intervention.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: I move amendment No. 18: In page 96, between lines 3 and 4, to insert the following: "Report on the application of capital gains tax to all sales of property by REITs and IREFs 40.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the application of the full rate of capital gains tax of 33 per cent to all disposals...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: The Minister is at it again saying how terrible things would be under Sinn Féin. Many of the companies Deputy Ring mentioned were here since long before the SARP, including Coca-Cola, Allergan's predecessor and Apple. Is he really suggesting that if we get rid of SARP, they will pack up and go? That is nonsense. The taxation proposals we have on individual incomes above...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: The Minister is increasing the taxes for corporations. The Deputy might not have got the memo.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: It might not have reached Mayo yet.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Pearse Doherty: No, we are not.