Results 16,381-16,400 of 16,537 for speaker:Brian Lenihan Jnr
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I oppose the recommendation on technical grounds and on grounds of principle, but I welcome the discussion which the recommendation has engendered in the Seanad. I support the spirit of the recommendation. Technical problems were identified by Senator Norris early in the debate when he said a month is clearly far too short a period for such an exercise. One would need two to three months as...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I could list a number of other cases for the House as well.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I assure Senator Buttimer we will have good fun on the hustings but when one is piloting a ship in a storm, the important thing is that one keeps the ship afloat.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: Exactly; stay at the wheel.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: No one could suggest I did not.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I thank Senator Norris.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I entirely agree that the compass at times was out of control.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I prefer to think that I was the chief engineer on the ship and that I was not afraid to get my hands dirty.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: On the wider aspects of this important question, one of the experiences I had in government on tax expenditures was that individual Departments defend the tax expenditures associated with their particular Department. The Department of Enterprise, Trade and Innovation will defend the tax expenditures associated with the incentivisation of research and development, patent royalties or shared...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: It is important that we understand-----
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: Deputy Martin made an apology. Let us see whether Deputy Kenny is willing to make an apology for that scheme.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: He was directly involved.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: Deputy Kenny has become so shy of the media that it is unlikely we will see him making this apology.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: Tourism is important and the hotel reliefs have caused difficulties, but they have also ensured we now have a sizable modern hotel stock and it is difficult to see how direct State investment could have procured that stock. Let us consider where we can achieve growth in the coming years. One crucial area for growth and jobs will be tourism. It will be vital if we are to lift domestic demand...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: Let us be clear about what we are doing. We all maintain property-based tax reliefs are wrong. Then we turn around and suggest a new one. We must be consistent and we must make up our minds. I agree that a cost benefit analysis is of great benefit in deciding on these matters and it may be desirable as an aspect of national health policy. One would examine what it would cost for the...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: On Report Stage in the other House an amendment was introduced to provide for an aggregate charge of 90% to be applied to bonuses paid by certain financial institutions to their staff. The amendment applies a high rate of universal social charge to any payment in excess of regular salary made by a financial institution which has received financial investment from the State to any of its...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: It is an amendment to section 3 on the social charge.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: It is not really a finance Act recommendation.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: No, but having considered it, I say so now.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: Yes, it is.