Results 8,241-8,260 of 27,019 for speaker:Michael Noonan
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: The commitments we made in the programme for Government-----
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: -----were not to increase rates, reduce credits or increase the bands and a separate commitment was made not to increase the marginal rate of tax.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: We did not do so in the previous budget and we did not do so in this one. It is working because we are not taxing work and more people are going back to work.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: I have not heard one coherent argument tonight with one exception; Deputy Donnelly is always right. I heard no idea tonight worth anything to me as Minister for Finance.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: I heard nothing I could pick up and implement from anybody tonight-----
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: -----only the same old cant and trying to build a career on the misery of the people and failure. Why do the Deputies not come in and propose something constructive?
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: There was a big argument about the audacity of the Minister for Finance to ask the Revenue Commissioners to collect taxes.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: This was dreadful. What do the Deputies think the Revenue Commissioners are for?
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: Why does Deputy McGrath think we have the Revenue Commissioners?
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: The Revenue is there to collect taxes. That is its job.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: They are being given the job now to collect this tax-----
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: -----but there is also a commitment that it will be transferred back to the local authorities, and that is what will happen. Deputy Bannon, in a good speech, one of the better speeches tonight-----
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: -----spoke about having an easy payments system. In the Bill, there is an easy payments system.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: Owners, depending on the way they are paid, can pay by deduction at source. If they are paid weekly, fortnightly or monthly, whatever way they are paid, they can have deductions made accordingly.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: They can pay by direct debit. There are a number of ways of paying during the year. It should be borne in mind that a total bill of €200, which is on the higher end of the scale, is €4 a week. Deputy Stanley spoke of houses that his neighbours bought for €250,000 and that are worth €60,000. If they are worth €60,000, they pay not on what they paid for them...
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: The tax is paid on the value. Deputy Healy-Rae implied the same thing. The tax is not on what one paid for the house. The tax is on the value of the house as will be assessed in the late spring, in March or April.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: If we take Deputy Stanley's example of where the house is worth €60,000, the charge will be the minimum charge of €90.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: The tax will be on the €60,000 valuation-----
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: -----and it will be €90.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: That is €10 less than that person's liability this year when there was a flat rate of €100 charged. There is a relationship between value and what will be charged on this occasion. In general terms, those on higher incomes have higher-value properties. It flies in the face of reason to pretend that those on higher incomes do not have higher-value properties. The higher the...