Results 9,761-9,780 of 26,902 for speaker:Richard Boyd Barrett
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I did not. I opposed them and called a vote.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Yes, and I strenuously disagreed. It is-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I have read it in detail.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I still believe that the multinationals should have appeared before us.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: It is shameful that we were afraid to have the multinationals attend. Regardless of that sub-committee, they should attend to answer questions just as they had to appear before the British Parliament and the American Congress. In 2014, PricewaterhouseCoopers conducted a poll of business leaders, of whom 59% stated that there should be public country-by-country reporting. Even the...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Yes.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: In which case, there is a big problem with the agreement.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: It was "ish". I said that.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Heavily disputed.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: The conclusion of the paper that the Minister of State referred to that the effective rate was 10.7% was heavily contested, and I do not accept for one second that such is the effective rate. The introduction to that paper sets out the incredible spectrum of different effective rates depending on how one chooses to calculate it. They go from the 2.2% rate from the US Bureau of Economic...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Definitely.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Absolutely. There are a number of points I want to make. For some time we have been arguing for a wealth tax. In our pre-budget submissions I quoted extensively from both the most recent Credit Suisse report and the one before that to press the argument for a wealth tax. The Minister comes back with the same arguments each year. To some extent we are on ideological terrain, because the...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Absolutely.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Absolutely. I thank the Minister for making my point for me. Only a tiny group of people has surplus wealth. That is critical. Only a very small group of people has surplus wealth. Most people have debt. That is what they have. The owe money. When income, wealth and assets are set against liabilities, for most of their lives most people are operating in negative territory. For a...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Yes. The amendment is about compiling a database on wealth. Obviously, this is proposed with a view to having a possible wealth tax.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: We have not. Is that not what the Finance Bill is for?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Yippee. The Minister is doing that, although he said it would be very difficult to do.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Under pressure.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I just want to make a point to the Minister on collecting the data. In responding to the suggestion we collect data on wealth I must re-emphasise that we are focusing, in particular, on those at the very top, not the ordinary person who has a house. I refer to those with multiple properties and vast financial and other assets. They are the people at whom we are trying to get. The Minister...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: It does not differentiate.