Results 4,361-4,380 of 33,118 for speaker:Paschal Donohoe
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: That is not a figment of my imagination. It is a structural issue that we should change. The Deputy and I have different views on it.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: What I am proposing-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The Deputy made a point about median earnings. Does he accept that the average income in our economy is €46,000 per person?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: But the Deputy would-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: Just as I accept the Deputy's good faith in the quoting of numbers, does he accept my good faith when I tell him that the average wage in our economy in the first quarter of 2022 was €46,000?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: Does the Deputy believe it appropriate that someone on the average wage already pays the higher rate of income tax?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: So the Deputy accepts that it is not appropriate that someone on the average wage should be on the higher rate of income.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: Under Sinn Féin's proposals, someone earning €37,685 would have a benefit of €313 per annum and under the proposals contained in this budget, somebody who is on the same level of income would gain more, with a benefit of €368.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: No, I am not.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The Deputy is pivoting into the approach again where he is trying to make me a member of an elite who does not understand what it is like for people who are on an average wage. That is what the Deputy's approach is but I would challenge the Deputy-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: I have explained the policy rationale behind it to the Deputy. The Deputy has been good enough to acknowledge that the average wage in our country is €46,000. He accepts that it is important to make progress and to try to-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: It will be a long few hours if every time I try to respond to Deputy Doherty-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: Even before I had completed my answer to the Deputy, he said I was putting words in his mouth. We have a long few days ahead of us, which I am looking forward to, but I ask the Deputy to allow me to finish the point I am making. The Deputy is quoting median earnings and I have acknowledged that his figures are correct. I am talking about average earnings.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The Deputy used median earnings.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: They are different measurements of average earnings.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The Deputy is correct. I do not know why he is so defensive over that.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The Deputy gives every hallmark of being defensive over there.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: For a man who is denying being defensive, the Deputy will not let me get a word out. I ask the Deputy to let me conclude. Before the Deputy interrupted me, I was making the point to him that the average wage is €46,000 per annum. There is a good case to be made that somebody on €46,000 should not be paying the higher rate of income tax. I am also making the case, which I...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)
Paschal Donohoe: The Deputy knows it is true.