Results 10,301-10,320 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — International Agreements: International Agreements (23 Jun 2009)

Brian Lenihan Jnr: The Department of Justice, Equality and Law Reform is responsible for the co-ordination of the ratification of the UN Convention on the Rights of Persons with Disabilities and established an interdepartmental working group with various Government Departments including this Department inputting into the process. The working group identified certain areas relevant to my Department. These are...

Written Answers — Tax Code: Tax Code (23 Jun 2009)

Brian Lenihan Jnr: The number of income earners on income tax records who earn over €80,000 is estimated at 234,500 in 2009. Some 154,200 of these are couples who have elected or have been deemed to have elected for joint assessment and are counted as one tax unit in each case. The figures are estimates from the Revenue tax forecasting model using actual data for the year 2005 adjusted as necessary for income...

Written Answers — Tax Code: Tax Code (23 Jun 2009)

Brian Lenihan Jnr: The position is that a single individual earning €80,000 per annum will have an effective average tax rate of 36.5% for 2009. A married two-earner couple earning €80,000 per annum (assuming that the joint income is divided 65% and 35% between spouses) will have an effective average tax rate of 22% for 2009. These rates include income tax, PRSI, health levy and income levy.

Written Answers — Bank Recapitalisation: Bank Recapitalisation (23 Jun 2009)

Brian Lenihan Jnr: The Government announced on 11 February 2009 that the recapitalisation of Allied Irish Bank and Bank of Ireland through the purchase of preference shares to the value of €3.5 billion in each bank would be funded through the National Pensions Reserve Fund (NPRF), with €4 billion coming from the Fund's resources and €3 billion to be provided by front-loading the Exchequer contributions...

Estimates for Public Services 2009 (24 Jun 2009)

Brian Lenihan Jnr: I move the following Revised Estimates:

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: I am glad to avail of this opportunity to discuss public expenditure and, in particular, the Revised Estimates for 2009, which have been discussed by the relevant committees in recent weeks. It will be useful to outline the economic context of the Revised Estimates. Our economy has been hit by substantial external and internal shocks and we are expecting a cumulative loss in national income...

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: While the new economic reality has meant that significant expenditure adjustments are required, the Government remains committed to the continued upgrading of Ireland's infrastructure. To this end, the Exchequer capital allocation in 2009 published in the Revised Estimates for public services 2009 is for more than €7.3 billion. This is a substantial outlay, given the dramatic drop in...

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: He was never a Minister for Finance.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: That is the generation I am looking after.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: The Deputy is taking his chance.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: It has been dealt with.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: The Deputy should go to Brussels and inform himself.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: What is the date of the report?

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: I thank the Deputy.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: They have not.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: Please, Deputy.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: I thank the Deputies for contributing to the debate and facilitating the approval of the Revised Estimates for the public services. It is important to note that the output statements are a major step forward. The OECD recognised that last year in its report on the Irish public service which commended the output statements as the right way forward for performance-based budgeting in Ireland....

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: We have two distinct problems here. The Deputy alleges that I was in league with fat cats and bankers and I am at least entitled to reply to his suggestion.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: I have not met any of these gentlemen.

Vote 41 — Office of the Minister for Children and Youth Affairs (Revised Estimate). (24 Jun 2009)

Brian Lenihan Jnr: Let us assume that we have no banking crisis. We must and constantly do discuss that in this House. I am not taking away from that fact. Even without the banking crisis we would still have a substantial public finance crisis because the volume of our expenditure is at unsustainable levels. Our taxation receipts fell to unsustainable levels. That problem exists independent of any banking...