Results 22,961-22,980 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Tax Yield (26 Sep 2013)

Michael McGrath: 86. To ask the Minister for Finance if he will provide in tabular form the yield in each year from 2005 to 2012 from stamp duty on share transactions on the Irish Stock Exchange; and if he will make a statement on the matter. [40272/13]

Written Answers — Department of Finance: Tax Yield (26 Sep 2013)

Michael McGrath: 87. To ask the Minister for Finance the yield from abolishing tax credits for persons earning over €150,000; and if he will make a statement on the matter. [40273/13]

Written Answers — Department of Finance: Tax Yield (26 Sep 2013)

Michael McGrath: 88. To ask the Minister for Finance the yield from abolishing tax credits for persons earning over €200,000; and if he will make a statement on the matter. [40274/13]

Written Answers — Department of Finance: Tax Yield (26 Sep 2013)

Michael McGrath: 89. To ask the Minister for Finance the yield from reducing tax credits for persons earning over €100,000 by 50%; and if he will make a statement on the matter. [40275/13]

Written Answers — Department of Finance: Tax Yield (26 Sep 2013)

Michael McGrath: 90. To ask the Minister for Finance the yield from reducing tax credits for persons earning over €150,000 by 50%; and if he will make a statement on the matter. [40276/13]

Written Answers — Department of Finance: Tax Yield (26 Sep 2013)

Michael McGrath: 91. To ask the Minister for Finance the revenue that would be raised by reducing the pension fund standard fund threshold to €1.2 million; and if he will make a statement on the matter. [40279/13]

Written Answers — Department of Finance: Tax Yield (26 Sep 2013)

Michael McGrath: 92. To ask the Minister for Finance the yield that would be raised from a 10% levy on alcohol sales in off licence premises; and if he will make a statement on the matter. [40316/13]

Written Answers — Department of Social Protection: Job Initiatives (26 Sep 2013)

Michael McGrath: 124. To ask the Minister for Social Protection the number of jobs created to date under the jobsplus scheme; the cost of the scheme to date; and if she will make a statement on the matter. [40143/13]

Written Answers — Department of Social Protection: Job Initiatives (26 Sep 2013)

Michael McGrath: 125. To ask the Minister for Social Protection the cost of the reduced rate of PRSI as part of the 2011 jobs initiative in each year since its inception; and if she will make a statement on the matter. [40145/13]

Written Answers — Department of Social Protection: Social Welfare Overpayments (26 Sep 2013)

Michael McGrath: 139. To ask the Minister for Social Protection in the event where her Department has assessed that a person owes her Department a sum of money as a result of an overpayment associated with customer error and where that person subsequently dies, if the amount due is collected from the person's estate or is the liability rescinded on their death; and if she will make a statement on the matter....

Written Answers — Department of Health: Departmental Budgets (26 Sep 2013)

Michael McGrath: 255. To ask the Minister for Health the unallocated savings required to meet his Department's expenditure ceiling in 2014; and if he will make a statement on the matter. [40278/13]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: I am glad the Governor has broken his silence on that issue today. It is important that he has described strategic default as a phony concept. The vast majority of people I meet who are in arrears are genuinely trying to make ends meet and are making great sacrifices to repay their mortgage.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: Yes, that is agreed. However, it is not acceptable and the Governor should challenge the assertion being made by the banks, in public, that 20% of those not paying their mortgage are deliberately not doing so. That casts a slur on the 100,000 people who are in arrears of 90 days or more, and it is not fair. The Governor should challenge it, go into the banks, test a sample of those in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: I welcome the witness and thank him for his opening statement. I am critical of that statement in a number of respects. First, he is endorsing the approach of the banks while being critical of the pace at which they roll out solutions. He has given an endorsement of the approach without the Central Bank's auditing of the target performance of the banks by the end of June being completed....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: Professor Honohan later stated that the process "is working"-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: The witness reached that conclusion in his mind but indicated that process was "still too slow", although "momentum is building". He has given a pretty strong defence of the bank's approach while criticising their inaction in the past and repeating some criticism about the slow speed of the process. In general, he is giving a pretty strong defence of the banks' approach. At least, that is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: The reason I argue that Professor Honohan should withhold judgment is that we may be surprised at what the audits discover. For example, as the Chairman noted, the outstanding issue to emerge from the hearings we had with bank representatives three weeks ago was an extraordinary reliance on legal action or the threat of legal action to count towards mortgage arrears resolution targets....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: There is no question that in all the 15,000 cases in which legal letters have been issued, not every reasonable effort has been made to rescue the mortgage. The banks have not done so and Professor Honohan should not be giving an endorsement of their approach until the issue is concluded.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: Why did the audit of the banks' performance not commence before now, given they reported, I presume, in early July in respect of the quarter to the end of June? The Central Bank knew since last March that this would happen, so why was it not crawling all over the banks in the first week of July to check that targets had been met? The process has only commenced, so when will it be finished?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Michael McGrath: Why did that not start in March?