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Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: The Deputy never refers to the increase in incomes when he speaks about the increase in tax.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: He never refers to it.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: The Deputy said on budget night during a debate with me that such taxes comprise an extra €2,000 per year.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: The Deputy is prepared to talk about that extra €2,000, but he never mentions the increase in the average industrial wage of €11,000.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: I am.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: If the Deputy includes what he regards as increased taxes at local level or at other levels, he should also include the increased incomes——

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: ——so people will be able to form a view on whether they have a greater disposable income, which they have.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: The Deputy should read Fine Gael's press releases.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: The point is that there is no increased burden on the individual taxpayer. There is an increase in contributions by the corporate——

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: They are doing it.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: That was my argument on tax reliefs.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: There are some excellent facilities.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: That is the case for ATM cards but it will apply to credit cards from 12 April.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: We cannot win.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: They will have to pay the tax, plus penalties, plus interest.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: It is part of the recommendations.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: The Deputy should read the Budget Statement. It did not pre-empt the amendment of existing schemes in the context of the review. I stated that on budget day. That is my full position.

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: Was it a panic reaction?

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: Why then were we accused of inconsiderate delay?

Finance Bill 2005: Second Stage. (8 Feb 2005)

Brian Cowen: I have been panicking since.

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