Results 761-780 of 19,445 for speaker:Brian Cowen
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: I know my facts.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: The rate of corporation tax was 38% in 1996.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: I will give the Deputy the facts on that tomorrow. That is another bit of her propaganda.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: It was Fine Gael, Labour and Democratic Left that were in Government, not Fianna Fáil, Labour and Democratic Left.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: I hope so.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: It is a killer argument.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: The Deputy does not like it when I use it.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: I invite the Deputy to cite the figure he thinks is correct. He can deduct a certain amount from it.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: Is it 3%?
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: Deputy Bruton said that the relevant deduction is â¬2,000 per household. I do not accept that figure, but even if I allow Deputy Boyle to deduct a further â¬1,000, the relevant figure will be â¬8,000.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: I invite the Deputy to try to whittle away the remaining â¬8,000.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: I have intervened for the purposes of the discussion.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: Hear, hear.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: I will give the figure in a moment.
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: Amendments Nos. 3 and 10 essentially propose indexation. It would appear that Deputy Burton's amendment aims to increase the tax bands, exemption limits and tax credits by the projected increase in the consumer price index for 2005 over 2003, that is, by an estimated4.75%. It seems that Deputy Paul McGrath's amendment proposes that certain tax credits should be index-linked to inflation...
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: If I did, I plead guilty. If the former Minister, Niamh Breathnach, was the Minister, perhaps I took part in the decision. Even if I did not agree with the decision, it is fair to say that I was collectively responsible for it. While there may have been some political motive for the decision, it was not socially progressive in terms of what I have done. My decision is socially progressive. It...
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: No, it would not guarantee that. If I accepted Deputy Burton's amendment, it would take 460,000 out of the tax bracket right across the board at all levels of income. One has a choice, and I will stand over my choices which I believe met with a fair degree of approval. I was very gratified with the level of approval they received. We may argue about them here today and people may vote for and...
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: They have not eroded the gains. That is precisely the point. Clearly, when the model is changed and personal tax rates and tax on labour are reduced so that work and risk are promoted, other things change. There is nothing for nothing. The Deputy mentioned local authority charges. Many local authorities, some of which do not have a Fianna Fáil majority, are introducing pay by weight schemes....
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: To suggest that factoring it in wipes away the benefit is not winning the argumentââ
- Finance Bill 2005: Report Stage (Resumed). (9 Mar 2005)
Brian Cowen: I am making the point that if one takes the â¬12,000 example in 1995-96, which is now â¬20,000, the reduction in the average rate for PAYE and PRSI is down from 25.8% to 17.3%. To bring it down to brass tacks, it is additional disposable income. There is an additional â¬3,500 in that person's pocket today if he or she was earning â¬12,000 then and got an inflationary increase in wages in...