Results 4,601-4,620 of 33,118 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I did say that is if the OECD agreement is fully implemented. Even in our current tax code, the average level of tax large corporate employers pay in Ireland is between 10% and 11%. The difference between taxation on capital and labour and profit on labour, for those on low incomes, is not as big as the Deputy would argue it to be. I read the Deputy's budget submissions - he knows I do -...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I will deal with the different points that have been put to me. First, I did say that corporate tax is a tax on profit. I said that and made that clear. I stand over what I said. Looking at the average level of tax on income versus the average level of tax on profit, because of changes that have taken place in our tax code, the average level of tax large companies are paying on their...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I do not hear you talk about it any more.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I do not hear the Deputy talk about it any more. We can go through the debate we had earlier in the Dáil about his party's alternative budget, which has magically appeared on its website since we last spoke.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: The reality-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: The reality is that it was not there. I am not going to demean the dignity of this committee by having to pick up my phone and show pictures of what the website was like before I made my point and what it was like after, but the Deputy knows there is a difference and I know what his party has done. He should not talk to me about the difference between what I said in 2016 or 2017 when I...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: Actually, the Deputy is right. I take that back. I should not have said that. The Deputy is fully entitled to make the point and I regret saying that to him. I respect the committee and the contributions that are made. What I will not take back is the point that the Deputy is talking about what I said in 2016 and 2017 when this morning I could not find what he said a few weeks ago. I...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: In response to Deputy Doherty, as I made clear on budget day, the Government has committed to an evaluation of the idea of a 30% rate and given an indication as to the point next year by which we aim to have that work done. We are doing that because it is a way of delivering the indexation of our tax code. However, it is not in line with what we have done over the past few budgets....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: -----he would walk right out of the building.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: The Deputy would hardly have left the Department of Finance before castigating me. He knows that, and I know it.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: What I do-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: -----would hardly have entered the hallway of the Department of Finance before condemning me.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I am not going to be part of those kinds of tricks.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: Just in case Deputy Mattie McGrath did not hear me, I repeat that he would hardly be out of the Department before castigating me.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I am happy to meet other Deputies who are going to approach what we are doing in a fair-minded, open way. We have made the resources of the Department available to Deputies for the development of alternative budget proposals and to help with their work, and that will continue. On the Deputy’s focus on the bowels of the Department, I am not sure what he is referring to. All the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I thank the Deputies for the points they raised and thank Deputy Farrell for coming in on this matter. I absolutely appreciate that the minimum wage makes a very important difference to many people within our society. I know the argument is sometimes put forward that the number of people who are on the minimum wage is comparatively small within our economy and by moving the minimum wage up...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: I am not as across the detail of that as the Minister for Health and those who are involved in the payment are, but I will certainly raise that matter and see whether I can offer assistance in dealing with it. I know there are some who believe they should be eligible but are not, but I am not aware and cannot give an informed answer to the point that Deputy Nash just made a moment ago.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (10 Nov 2022)

Paschal Donohoe: Would the committee be willing to oblige a two minute adjournment before Deputy Boyd Barrett makes his contribution? I must step outside for a moment if that is okay.