Results 5,161-5,180 of 14,090 for speaker:Marc MacSharry

Public Accounts Committee: 2017 Financial Statements of the HSE
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 - Department of Health (5 Jul 2018)

Marc MacSharry: Is it accurate to say that a decision has not yet been made?

Public Accounts Committee: 2017 Financial Statements of the HSE
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 - Department of Health (5 Jul 2018)

Marc MacSharry: That is different to what is stated in the newspapers. I thank Mr. Woods for clarifying the position.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: I thank the Chairman and members for the opportunity to discuss this matter. The introduction and implementation of a child tax credit or allowance of up to €1,654 per annum for each child up to a maximum of four, even where a worker does not have any tax liability, as is the case for many low-income workers, would be very progressive. A minimum wage worker with three children...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: In the first instance, it is because this works in other countries. It is in place in the UK, the US, Canada and some other countries. In addition, we would be giving people the money directly by way of savings in terms of taxation or because, due to the structure of it, if somebody had no tax liability, it would in effect be a payment. This happens in Northern Ireland. We would be giving...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: Sure.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: I would not because it is dealing with an anomaly in society whereby there are increasing costs for families, not just child care but a whole range of issues relating to raising children. The taxation system is used in a variety of different way. For example, one could argue that we are all subsidising the knowledge box in terms of corporation tax but, obviously, Marc MacSharry or Joe...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: As I said in my opening statement, I would like to see this given a level of priority similar to those other matters highlighted. It is the principle I would love to see embraced. That is why the document has no party logo, it was not written in a political context and when I published it in April, I sent it to all Members of the House, all committees and all Departments. I would love to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: No, it is progressive. The minimum wage worker would have a gross income of €19,367 or, as I mentioned earlier, €18,958 net.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: No. Those on the minimum wage would be 26% better off in terms of their net income. As a proportion of their income, it would be much less for a higher income but they would be getting the same amount. Let us say a Government was to commit €150 million to this. With 638,000 children, that would equate to approximately €240 per child. If one has three children and one's...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: Yes, that occurs in other countries. Maybe it was Senator Conway-Walsh's choice of words, but she mentioned child benefit a minute ago. This is separate to child benefit.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: I am not proposing abolishing child benefit. That is separate. Everyone gets that, as it is.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: I do not think so. As the Proclamation with which the Senator would be familiar states, we need to cherish all the children of the nation equally.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: I have not. Obviously, there is a range of secondary benefits, especially the medical card, that many of us would argue need to be addressed. We did not include SUSI qualification. Senator Conway-Walsh will see in the other tables we included quite a number of secondary benefits in the analysis. For example, we include FIS. We did not include eligibility for SUSI grants but how SUSI is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: Absolutely.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: Absolutely. I am not here today in that way. Much of my work might be highly partisan or highly political. This is not here to embarrass the Government or promote Opposition parties or anybody else to put forward particular proposals. It is merely that here is a principle I would love us to collectively embrace. Ideally, I would love to see something in the programme for Government, all...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: That was probably a bad example. There are many tax write-offs or incentives available in various areas and it was just to give an analogy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: We try to avoid that to the extent that is possible. I am not precious about the contents of this, in the sense that if this can be a catalyst to begin a meaningful debate on the tax allowance and credit for working families with children, my ambition will have been realised. This went to all of the committees but this is the only one that came back. I would love if the Committee on...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: One would not be changing the whole system. One would be introducing a tax credit allowance at whatever level was affordable in terms of the Exchequer. I was proposing that €150 million would equate to an allowance or tax credit per child of about €240. That would be the level, if we could afford €150 million on an annual basis. That is a huge amount of money in the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: The question is about where the committee goes from here.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Discussion Paper on Taxation: Deputy Marc MacSharry (28 Jun 2018)

Marc MacSharry: I do not think so. The issue of rogue employers is an issue now, where employers are taking advantage of the fact people are entitled to FIS. That argument will continue regardless. This is not recommending the abolition of FIS. FIS would remain, where necessary. I respectfully disagree with the Senator's point on that. I do not think it would be any more or any less of an incentive to...