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Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: With respect and through the Chair, as my amendment suggests, we take those earning the minimum wage out of the USC tax net. That is why the Minister's suggestion, which he has now clarified, that those earning €70,000 work hardest, is relevant to this debate and is relevant to the facts. The Minister has clarified it and we have wasted 15 minutes when he could have provided the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: Of course I did.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: Of course I did. That is what is called playing the ball, not the man. I have continually referred to the facts. I am willing to move on.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: Can the Minister clarify that point? I do not think he intended to suggest that low-income workers do not work as hard as middle-income workers.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: I just think it is-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: I thank the Minister for his lengthy response. I appreciate his direction to the Chair that amendments that have been ruled out of order can be debated fully.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: I know but there are other amendments which cannot be debated. We need to deal with this issue.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: Yes, I understand but that is not good enough. I will deal later with an amendment I tabled in regard to the double Irish arrangement which has been ruled out of order. I have written legislation on this which cannot be tabled in the Dáil for constitutional reasons. It does not make sense that in 2014 the hands of the Opposition are being held behind their backs in terms of their not...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: I move amendment No. 1: In page 9, between lines 16 and 17, to insert the following: “2. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on options available for removing the USC liability for all workers earning less than €17,543 a year from the USC net.”Obviously there are changes in the USC in this...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Pearse Doherty: The Minister's last point goes to the heart of fundamental political reform and how we deal with this finance Bill and other money Bills. We know the prohibition comes from the Constitution but I want to draw to the Minister's attention the proposal of the all-party committee on the Constitution, in its seventh report to the Dáil and the Seanad. In 2002, 12 years ago, it proposed that...

Leaders' Questions (18 Nov 2014)

Pearse Doherty: That is just ignorance.

Written Answers — Department of Finance: Tax Reliefs Application (18 Nov 2014)

Pearse Doherty: 167. To ask the Minister for Finance the number of persons who availed of the rent-a-room tax relief scheme in 2013. [44016/14]

Written Answers — Department of Finance: Tax Yield (18 Nov 2014)

Pearse Doherty: 170. To ask the Minister for Finance the expected loss of revenue due to the cut in the imputed distribution rate to 4% in the Finance Bill 2014. [44048/14]

Written Answers — Department of Finance: Irish Water Administration (18 Nov 2014)

Pearse Doherty: 174. To ask the Minister for Finance further to Parliamentary Question No. 45 of 6 March if EUROSTAT has issued a ruling on the €240 million investment in Irish Water; and the way the proposal will affect the number of shares held by the three shareholders in Irish Water. [44079/14]

Written Answers — Department of Finance: Tax Yield (18 Nov 2014)

Pearse Doherty: 175. To ask the Minister for Finance the revenue raised at each of the universal social charge rates, that is, at 2%, 4%, 7% and 10%, for each year since the introduction of USC. [44081/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)

Pearse Doherty: I will put my last question and make an observation. A significant amount of the bank's proportion involves legal issues, 40% of which relates to family homes. Also, some 10% of the long-term resolutions relates to voluntary surrender. I see this as a major issue. In regard to the solvency service, how many of the proposals from PIPs did the bank veto and can it explain the rationale for that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)

Pearse Doherty: At that stage the bank would find out whether it had a surplus. When it is clarified and if there is a surplus prior to this date, is it the intention to wait until New Year's Eve 2016 or is the bank open to paying capital surplus prior to this date?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)

Pearse Doherty: In recent years, has any cash payment been made on the dividends for the 3.5 billion preference shares held by the State in AIB?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)

Pearse Doherty: It is all in the form of bonus shares.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)

Pearse Doherty: It falls due in May. Is there an intention in 2015 to make the €250 million cash payment required under the preference shares?

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