Results 8,461-8,480 of 36,195 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: Obviously we table parliamentary questions for the Minister to scope out different options. One of IBEC's proposals is to increase the entry point to the marginal tax rate by €2,000. It claims the gross cost of this would be €240 million per year. I received a reply to a parliamentary question to the Minister which states that an increase for that marginal tax rate by...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: IBEC's figures are not calculated by the Revenue Commissioners. The Department's figure arises when it asks the Revenue Commissioners about how many people are employed today.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: Compared with the Department, IBEC has underestimated the cost by 25%. I cannot imagine that strong growth in the economy-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: IBEC claims it is a gross calculation, which is €240 million, and the Department states it is €312 million.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: The other IBEC proposal is to reduce the marginal tax rate, from 41% to 40%.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: IBEC claims this would cost €130 million. This goes to what TASC has stated, which is broadly in line with that the Department states, that only 18% of employees in the State would benefit from either of those proposals. Why would IBEC like to confer €500 million of a tax reduction on 18% of the workforce and confer nothing on the other 82% of the workforce?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: I will move on because my time is limited, but I make the point that I disagree strongly with that. The employer is interested in how much it costs him or her to employ somebody and to pay the worker the wages necessary and that is where the issue of tax wedge comes into it. Ireland, in the case of those incomes, is not above the average. Indeed, we are below the average.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: No employer looks at tax rates. He or she looks at how much it costs to employ.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: I have one question for TASC. In terms of reducing and eliminating tax reliefs, TASC singled out two in particular, health and pensions. Will Dr. O'Connor discuss the effect on low and middle-income earners if one were to eliminate or standardise tax reliefs in the form TASC suggests?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (15 Jul 2014)
Pearse Doherty: I thank Dr. O'Connor.
- Written Answers — Department of Finance: IBRC Loans (16 Jul 2014)
Pearse Doherty: 63. To ask the Minister for Finance the value and number of commercial loan books that remain at Irish Bank Resolution Corporation, IBRC, and the value of the commercial loan books sold at IBRC. [31926/14]
- Written Answers — Department of Finance: IBRC Loans (16 Jul 2014)
Pearse Doherty: 64. To ask the Minister for Finance if the non-performing commercial loans at Irish Bank Resolution Corporation are to be sold, or have been sold, in a portfolio or portfolios; and if he will make a statement on the matter. [31927/14]
- Written Answers — Department of Finance: IBRC Loans (16 Jul 2014)
Pearse Doherty: 65. To ask the Minister for Finance if he will name the investment funds behind the purchaser of commercial loans at Irish Bank Resolution Corporation, including the investment fund behind Kenmare Property Finance which was set up only one day before the sale of a commercial loan book to it was agreed. [31928/14]
- Written Answers — Department of Finance: IBRC Loans (16 Jul 2014)
Pearse Doherty: 66. To ask the Minister for Finance the steps he is taking to ensure the commercial loans at Irish Bank Resolution Corporation have or will not be sold to vulture funds; and if he will make a statement on the matter. [31929/14]
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)
Pearse Doherty: I thank our guests for their very detailed submissions. They contain a wealth of information and statistics and are presented in a very understandable fashion. Irish Rural Link's submission contains a number of interesting proposals. I wish to focus, however, on the issue of a stimulus for villages and towns. The submission refers to the closure of Garda stations, post offices and banks....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)
Pearse Doherty: What vehicle would facilitate this? Would it be a particular Department or an agency?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)
Pearse Doherty: One of Irish Rural Link's other proposals - this is also contained in a number of the other submissions made to the committee - relates to the cut the Government introduced last year in respect of the telephone allowance. Almost one year on, how big an issue is that for Mr. Claffey's organisation? I note Irish Rural Link's submission contains a call for a reversal of the Government's decision.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)
Pearse Doherty: One of my constituents recently contacted me via Facebook and informed me that their parent is elderly, vulnerable and lives in an isolated area. The elderly individual in question was affected by the cut to the telephone allowance but has accessed a 24-7 alarm service from the FOLD Ireland housing association. I understand FOLD Ireland has written to all of its customers in the Twenty-six...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)
Pearse Doherty: In the context of the HCCI's submission, this committee is always interested when someone puts forward proposals relating to savings. The suggestion is made that the private sector could deliver home-care packages for 30% less than the public sector. In addition, the submission states that the system should be loosened up, that there should be more transparency and that the private sector...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)
Pearse Doherty: Am I correct in stating that sector in which the organisation Mr. Harty represents operates is not yet regulated by the State?