Results 561-580 of 32,429 for speaker:Paschal Donohoe

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: Of course there is.

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: It is great to hear the Deputy make the case for the resilience of foreign direct investment, which is a new departure for him that I welcome but, on the one hand, what he is saying-----

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: -----is this employment has a value, and there are lots of these employers in Ireland, and then he is making the case that we should tax them even more and apply wealth taxes to them.

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: How is that going to help with the challenges we have regarding the safety of our public finances and keeping jobs in Ireland if we are going to tax them more and more? Of course we need to diversify our economy. Of course we need to ensure we have more sources of growth in our jobs market but it should be noted that we have never had more people at work in Ireland and the public finances...

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: I agree with Deputy Nash that we need to continue our efforts to diversify our economy and to support employers of all different shapes and sizes. I thank him for recognising the work of Enterprise Ireland in this regard. It does exceptional work. I believe the strength of our food sector and the growing strength of our energy sector within our economy are examples of how we can strengthen...

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: For the Deputy to suggest, given the difficulties we clearly face, on which I answered questions earlier regarding the implementation of a current global tax deal, that jobs and our competitiveness could be secured by going beyond that and taxing more by bringing in new forms of tax, shows no understanding of what it takes to create a job and keep it in Ireland. The path the Deputy is...

Ceisteanna Eile - Other Questions: Departmental Schemes (13 Feb 2025)

Paschal Donohoe: I congratulate Deputy O'Sullivan on his election to Dáil Éireann and I thank him for his first question to me on what I know is a very important matter. My Department and I share concerns that the scheme is no longer fit for purpose and believe it should be replaced with a needs-based, grant-led approach for necessary vehicle adaptations that could serve to improve the functional...

Ceisteanna Eile - Other Questions: Tax Credits (13 Feb 2025)

Paschal Donohoe: I am going to have to disappoint the Deputy as I have the information for Kildare but not Cork available this morning. Of course, I can get that information for him and will share it with him quickly. The rent tax credit, as he outlined, has been brought in. In budget 2025, it was increased to €1,000 for a single person and €2,000 for a jointly assessed couple. This...

Ceisteanna Eile - Other Questions: Tax Credits (13 Feb 2025)

Paschal Donohoe: The commitment in the programme for Government is very clear. We recognise the value and support this credit has provided. Over time, in the different budgets the Government will bring forward, we will seek to improve it, as will be the case with other important credits and tax reliefs. It has played a role in helping with the affordability of rents for many tenants. I agree with all the...

Ceisteanna Eile - Other Questions: Tax Credits (13 Feb 2025)

Paschal Donohoe: We have not yet had discussions in that regard, to be frank with the Deputy, because of how early we are in the lifetime of this Government and in preparing for the next budget. Of course, we have schemes in place such as the first home scheme, which is a shared equity scheme, and the help to buy scheme. They are designed to help everybody looking to buy their first home, particularly new...

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: To facilitate a back-and-forth discussion on the issue, I will quickly emphasise what I said in reply to Deputy Connolly earlier. Of course, due to Ireland being an open trading economy, we can be strongly affected by changes that happen in global trade. We are currently considering these potential scenarios and they will be outlined in the stability programme update in April.

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: Of course we need to do that. We have made efforts to do that in recent years and need to continue to do so. That is why changes with regard to carbon taxation continue to be essential. It is why changes that we will make in the time ahead to our PRSI system to ensure that our Social Insurance Fund is sustainably funded in the years ahead are really vital. As regards other things we need...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: We got a real insight into the thinking of Deputy Tóibín and Aontú there. He characterised foreign direct investment as transitional investment in jobs. Is he going to tell the people who work for the semiconductor sector here that their jobs are transitional?

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: When he leaves Leinster House later, is he going to go down to the docks on the north side and the south side-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: It is what he is saying.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: A moment ago he described that investment as transitional investment. I invite him to visit our life science sector, which is located across the length and breadth of Ireland-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: -----to go down to the financial services sector------

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: -----to go into the manufacturing jobs-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: -----that are located in his constituency and near it.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: He should walk into those workplaces and tell those people that their jobs are transitional.