Results 3,321-3,340 of 35,549 for speaker:Pearse Doherty

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: I will table an amendment.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: This year, landlord tax relief is provided for. We talked about mortgage interest relief earlier and how the Minister would lock out 130,000 people with his proposal. It is important to remember that landlords are able to avail of mortgage interest relief of 100%. The Minister has brought forward a proposal that provides twice as much money to landlords as to tenants, a proposal that...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: The Minister claims that he believes taxation is one of the reasons those with rental properties are leaving the market. I would say he is on his own, because I would say none of his officials agrees with that. The fact is that the tax on landlords' rental income has not increased over the past decade. It has decreased. Does the Minister accept that? As a starting point, can we begin on...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Let us be clear. The Minister makes the valid point that landlords are getting more income so they are paying more tax. That is not what I am talking about. I am talking about tax rates. The amounts landlords are now paying as a result of either thresholds being changed, tax credits being introduced or offsets being increased has all favoured a tax reduction as opposed to a tax increase,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Going back to my original-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: With respect, we are not.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: We are going to take our time to deal with this section because it is a really important section.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Okay. The Minister made the point that he believes tax is an issue for landlords leaving the sector. I asked him this question and I am going to ask it again. Does he accept that, regarding taxation for landlords, the effective tax rate has reduced in the past decade? Does he accept that or not?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: The Minister for Finance is sitting opposite me and, no harm to him, will not even tell this committee what is an undisputed fact. The effective tax rate for landlords has reduced in the past ten years. That is a fact. The Minister will not admit that because it challenges his measure. It challenges what he said. It challenges the rationale where he said tax is a reason landlords are...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Are you serious?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Are you-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Is the Minister serious that he is not able to tell us whether the tax rate for landlords-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: He is bringing forward a measure-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: -----that puts €3,600 into the pockets of landlords and he cannot tell us if tax rates for landlords have gone up or down in the past decade. This is hilarious stuff.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Can he seriously not tell us that?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: No. You are the Minister. We are debating your policy.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Can the Minister tell us if tax for landlords has gone up or down in the past decade?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: No, I do not.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: No, I do not.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (7 Nov 2023)

Pearse Doherty: Does the Minister want an answer to that question?