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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Richard Boyd Barrett: This is money in the private banks.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Richard Boyd Barrett: This year we will pay €9.1 billion in interest and in addition the private banks, which we bailed out with money we gave them, will pay out €17 billion to senior bondholders. This is €26 billion. Our primary deficit this year is €3 billion. Is it not simply false to claim we will face a huge deficit cliff if we repudiate the debt and refuse to pay off senior...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Richard Boyd Barrett: Such as?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Richard Boyd Barrett: Let them get burned instead of us.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Richard Boyd Barrett: Against what I have proposed Professor Honohan stated dire consequences would follow. Does it worry him that an EU Commission report stated domestic growth is in deep trouble and if it continues to deteriorate and the unemployment situation does not improve, our debt may become unsustainable?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Richard Boyd Barrett: It could not be much worse for them.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Richard Boyd Barrett: Is it fair to say that there is a strong thread of consistency between how the Governor is approaching the issues of national debt, the mortgage crisis and economic recovery? All of these matters are of interest to the Governor and he outlined in the bank's strategic plan his priorities. In terms of the Governor's approach on the national debt, the common thread is that he is really saying...

Order of Business (16 Jan 2013)

Richard Boyd Barrett: My question has been answered.

Order of Business (16 Jan 2013)

Richard Boyd Barrett: There is no one representing the Technical Group.

Written Answers — Department of Foreign Affairs and Trade: EU Battlegroups (16 Jan 2013)

Richard Boyd Barrett: To ask the Tánaiste and Minister for Foreign Affairs and Trade if a new EU military mission will be launched in the coming months; if he will provide details of both the mission and Ireland's involvement in any such mission; and if he will make a statement on the matter. [1682/13]

Written Answers — Department of Finance: Tax Yield (16 Jan 2013)

Richard Boyd Barrett: To ask the Minister for Finance further to Parliamentary Questions Nos 189 and 190 of 16 October 2012, the reason his claim that the effective corporation tax rate is 11.9% when in answer to Parliamentary Questions, his answer showed total manufacturing profits in 2012 at €28,762 million and other trading profits at €41,196 million and a total income figure at €61,034...

Written Answers — Department of Finance: Corporate Tax Compliance (16 Jan 2013)

Richard Boyd Barrett: To ask the Minister for Finance if he will provide the most up to date figures on corporate profits declared and corporate taxes paid for 2011 and 2012 including tables CTSI for these years and other tables in the possession of the Revenue Commissioners showing a more detailed breakdown in the application of allowances, deductions and write downs applied to declared profits, reducing the...

Written Answers — Department of Finance: Bank Debt Restructuring (16 Jan 2013)

Richard Boyd Barrett: To ask the Minister for Finance if he made proposals on Ireland's legacy bank debt at the summit on 22 November 2012; and if he will make a statement on the matter. [51352/12]

Written Answers — Department of Finance: Bank Debt Restructuring (16 Jan 2013)

Richard Boyd Barrett: To ask the Minister for Finance if he raised the issue of debt relief for Ireland at the European Union Summit on 13 and 14 December; and if he will make a statement on the matter. [56785/12]

Written Answers — Department of Health: Medical Card Eligibility (16 Jan 2013)

Richard Boyd Barrett: To ask the Minister for Health if Multiple Sclerosis, Ulcerative Colitis and Chrohn's Disease are on the list of diseases that qualify the sufferer for a medical card; and if not, the reason these diseases do not qualify; when the list of qualifying diseases was last reviewed and his plans to review it again. [58011/12]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: EU Taxation Policy: Discussion with EU Commissioner (10 Jan 2013)

Richard Boyd Barrett: It is an EU Commission issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: EU Taxation Policy: Discussion with EU Commissioner (10 Jan 2013)

Richard Boyd Barrett: It relates to the EU Commission and he is a Commissioner.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: EU Taxation Policy: Discussion with EU Commissioner (10 Jan 2013)

Richard Boyd Barrett: We do not want taxes on-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: EU Taxation Policy: Discussion with EU Commissioner (10 Jan 2013)

Richard Boyd Barrett: I apologise.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: EU Taxation Policy: Discussion with EU Commissioner (10 Jan 2013)

Richard Boyd Barrett: I put it to the Commissioner that he is repeating the failed mantras and ideological dogma that got us into our current desperate mess. He stated that he does not wish to interfere with countries' tax sovereignty but in the same breath he expressed a preference for taxes on property and water charges. How does he expect people who have no work and are hovering at the poverty line to pay the...

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