Results 2,721-2,740 of 8,212 for speaker:Alice-Mary Higgins
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: The Government is hollowing out the income taken from higher earners.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: Again, the Minister of State-----
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: I did not question somebody's patriotism if they went away and came back. I must call on the Acting Chairman.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: That is not what I said. I referred to where somebody needs a tax relief in order to return.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: It is actually not what I said.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: I do not want to keep going on this. I would just like it to be clarified.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: To clarify, I did not question people who leave and come back. I am delighted that people who leave come back. I questioned the narrative that they would come back only if offered a tax relief.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: Let us be very clear on it.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: That topic was introduced by the Minister of State.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: This is not a discussion on ideology, wishful thinking and so forth. There is ideology at play across the House, and there is also pragmatism at play on both sides. They entail very different perspectives and we simply disagree but the fact is that it is still the view that a trickle-down effect from investing in the highest earners, for example, will somehow lead to a general effect. That...
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: No, leave that aside. What I am speaking to-----
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: Excuse me, but I was told I was talking about theory and that others were speaking about pragmatism. I would like to point out-----
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: On Report Stage, we may hear an answer from the Minister of State in respect of the IMF analysis of real play-out in real economies in 100 countries over 30 years. It suggests that when the income share of the top 10% is increased, it damages GDP. When the income of the bottom 10% is increased, the effect on the economy is greater.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: I need to make it in the sense of indicating I am not talking theory while others talk pragmatism. I am talking evidence and I would like to hear answers in terms of evidence. We can move on but perhaps we can come back to this point on Report Stage.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: I move recommendation No. 1: In page 11, between lines 19 and 20, to insert the following: “Report on special assignee relief programme 10.Within 6 months of the passing of this Act, the Minister shall produce a report on special assignee relief programme to include a quantification of revenue foregone.”. The recommendation simply asks that within six months of the passing...
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: This is recommendation No. 1. We are still on SARP. We have not got to the KEEP programme yet.
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: When does the Minister of State anticipate that we might get the 2018 figures?
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: I oppose the section and I have also tabled recommendations to the section. Section 11 concerns the KEEP scheme. It is the one the Minister of State was preparing to discuss earlier. Section 11 is an extension of the KEEP scheme. My core issue is not with the measures concerning the extension, which relate to part-time, flexible working arrangements, although there is also a question mark...
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: As I understand it, people can have up to €100,000 in stocks and shares, and up to 50% of their income come in the form of stocks and shares. This would mean people covered by this could be getting up to €200,000, which is quite a large amount. I would question the small-scale employee. The scheme is designed to be of benefit for those on €200,000, €150,000 or...
- Seanad: Finance Bill 2019: Committee Stage (3 Dec 2019)
Alice-Mary Higgins: While I agree that people get taxed on their stocks and shares, these people would have been taxed at 40% and are being taxed at a lower rate because it is on stocks and shares at point of exit. That is an overall reduction in our tax and revenue. The aspect of pay later and pay less has been the feature of a number of tax relief measures introduced by the Government over a series of...