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Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: The Minister is rewriting history in terms of the rationale for the USC. It was not put forward on the basis of broadening tax bases or anything like that. It was put forward as an emergency tax in response to a crisis created by banks and developers and it was imposed on top of the income tax that workers paid. If you earn €45,000 per year, you pay €2,300 on top of your...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: We have always done that.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: No, we did not. On USC?

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: We never voted for the Government's budgets for other reasons.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: Not because of that.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: It was because of all the other stuff in the Bills.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: There is the unseemly spectacle of Fine Gael and Fianna Fáil scrambling over who will get the credit for the reduction in the USC. We have been consistent in all of our budget submissions since the introduction of the USC in arguing that it should be abolished and that, although the USC was unfair, its abolition should be paid for. The Minister knows this, as he has seen our budget...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: I do not.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: We vote against the Government's finance Bill. That is a different thing.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: We propose them in our budget submission every year. This is nonsense.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: That was in our budget submission last year as well.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: The Minister can see it. I have it with me. I will show it to him.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: It was costed as well - €850 million.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: Index linking the existing tax bracket was in our budget submission.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: It was in our budget submission. The Minister is misinforming the House.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: You should read our budget submission from last year.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Universal Social Charge (22 Jun 2023)

Richard Boyd Barrett: That will cheer us all up.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (22 Jun 2023)

Richard Boyd Barrett: I thank the witnesses for the report and for their contributions. They are my favourite group of economists. On the issue of constraints, much of this comes from labour shortages. It is fair to say that many of these interact substantially with the housing crisis. This is because many young people are leaving. It would be interesting to see the latest emigration figures. I do not know...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (22 Jun 2023)

Richard Boyd Barrett: Yes. Is this about maybe spending in strategically important areas and not wasting money in areas that are not as strategically important? This was alluded to. I was going to allude to a quote from IFAC in this regard as well, but I think it comes from our own summary of the report. This does, though, seem to be kind of what IFAC is saying.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (22 Jun 2023)

Richard Boyd Barrett: No.

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