Results 16,401-16,420 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 will reply.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: My initial reply to the Senator reflected an understandable view in my Department in placing the issue in the context of the finance Bill. It simply outlined what was being done about bank bonuses in the Bill. I cannot accept the recommendation because it has nothing to do with the Bill. In, fact, its acceptance might even compromise the status of the Bill as a Money Bill, although I do...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: That system has been abolished.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I was not giving Senator White an opinion on whether it affected the money Bill issue, but I do not think we can risk that issue at this stage of the proceedings.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: The proposal made by Senator Cannon appears to reflect a proposed change to the income levy that section 2 of the Bill proposes to abolish, rather than the universal social charge that is replacing it. However, the proposed recommendation appears to seek to grant relief from the charge in respect of payments to a personal retirement savings account made by an employer. An employer's...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I had hoped that as Minister, in reflecting on amendments, I could have had a considered discussion with the pensions industry about how to structure the contribution that the pension industry should make in the national plan. We have had to stick to the original proposals because we have not had an opportunity to have an adequate dialogue with pensions industry representatives about how...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: No. What is inequitable is that this House and the other House did not have an adequate opportunity to consider the Finance Bill 2011. This is a minority Government. We were compelled to enact this legislation in a very short period of time. I would have much preferred to consult further about this matter. I am not indicating that it is inequitable, but that I was open to persuasion on...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I do not accept there is any duty to accept that recommendation and I never conceded that in the debate. On the merits of the recommendation, the position is that the PRSA contribution is fully taxed under the current income levy. As Senators will be aware, the social charge is a merger of the health contribution and the income levy. It is correct that the health contribution element of it...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: This was raised with me in social partnership.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: This issue was raised by me with social partners in social partnership negotiations-----
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: -----who objected to pay cuts and who turned around and asked why I would not bring in a 65% income tax rate.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: These persons are all symbiotically linked.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I have the honour of representing a north-side Dublin constituency and when I pass Liberty Hall I see Kim Il-sung-type pictures of Deputy Gilmore on the building.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: Please stop pretending to me that you are not symbiotically linked with all these people.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I look forward seeing the Labour Party's manifesto.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: I have the honour of having written the manifesto for the next four years for this country-----
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: -----and Senator Alex White will depart from it at his peril. That is all I can tell him.
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: There is no question of hubris. There are modifications that can be introduced, but the broad direction of that manifesto in the national recovery plan is that two thirds of the adjustment must take place on the expenditure and one third on the taxation side. Although Fine Gael is maintaining that it can make an even bigger adjustment on the expenditure side, it will find it will be...
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: -----because it allows them engage in this endless politics of begrudgery-----
- Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)
Brian Lenihan Jnr: -----that there is someone else who has to pay.