Results 3,341-3,360 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 answer his question, unlike the Minister, who cannot even tell us, as Minister for Finance, whether the effective rate on landlords has gone up or down in the past ten years. It is laughable. He knows the answer to that question but he is just afraid to say it. When he dips to this kind of misrepresentation of Sinn Féin policy, I know he is under pressure.

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

Pearse Doherty: I am talking about his-----

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

Pearse Doherty: -----respect and his misrepresentation of policy with regard to landlords, indefinite eviction bans-----

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

Pearse Doherty: -----and rent bans, etc. That is not our policy.

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

Pearse Doherty: The Minister knows that is not it. We are in favour of a rent ban for three years. That is what he should do and what I would do if I was in his position. I would support tenants and would make a very clear decision to support tenants and not landlords at this point in time. I would make that decision. That is what I would do as Minister for Finance.

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

Pearse Doherty: We know that the Minister's priorities are about putting money into the pockets of landlords. On the reform with regard to private rental income, the Minister should absolutely be doing that. Indeed, we will be proposing amendments in that regard. The fact is that those who rent in this city - the vulture funds - pay no income tax with regard to their rents and pay no CGT with regard to...

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

Pearse Doherty: It is twice as much as for the tenant and more than those who are struggling under pension tax reliefs, more than what the teacher or the nurse gets-----

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

Pearse Doherty: -----because Fianna Fáil is back in charge in the Department of Finance and when it comes to priority number one, the landlord will be looked after.

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

Pearse Doherty: What about the CSO trend?

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

Pearse Doherty: That is also clear.

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

Pearse Doherty: It is being looked at.

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

Pearse Doherty: Many landlords are not registered on the RTB-----

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

Pearse Doherty: Can I ask the Minister a final question?

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

Pearse Doherty: If the current number of landlords continues to decrease, will the Minister scrap this?

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

Pearse Doherty: If landlords continue to leave, will the Minister scrap this proposal?

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

Pearse Doherty: On section 23, this is not a provision in the Bill but it relates to professional withholding tax, in particular in relation to the fact it applies to GPs in the HSE. The Minister will be aware that there are issues in regard to a tax ruling that has applied and transitional arrangements that the Revenue Commissioners are allowing to happen where income is assigned to the partnership as...

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

Pearse Doherty: That will be welcome. I am sure the GPs who are concerned about retention will also welcome that. For that and all Report Stage amendments, as is normal practice, will the Minister's officials send us the relevant speaking notes so that we are familiar with them? When amendments are brought on Report Stage, we do not get the same chance to scrutinise them.

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

Pearse Doherty: I move amendment No. 16: In page 31, between lines 17 and 18, to insert the following: “Report on pension tax reliefs and subsidies 24. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the tax reliefs and subsidies applicable to pensions, including contributions and at drawdown, to assess their cost to...

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

Pearse Doherty: I thank the Minister for his response. As I said, reducing the tax relief for employee contributions from €115,000 to €60,000 does not actually mean that somebody earning €60,000 does not get pension tax relief. I want to make that point because the Minister has made that claim on numerous occasions. That is not how the earnings limit for tax relief for employee...

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

Pearse Doherty: I look forward to that. That would be very much welcomed at this time, unless the Minister is thinking of increasing the standard fund threshold back to €5 million. I thank the Minister. I will withdraw the amendment.