Results 5,961-5,980 of 26,842 for speaker:Richard Boyd Barrett
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: There was international questioning. We were part of it.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: I would not claim credit for major international changes in corporate tax. However, until we arrived in the Dáil, nobody was willing to question these things. I speak no word of a lie when I say I was on the finance committee and we asked for Google, Facebook and Apple to come in to the committee to explain their tax affairs and effective tax rate. Not only did the committee vote...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: Under socialism, we would want foreign direct investment. I welcome the jobs. I understand how important they are in many areas, including my own constituency, where a number of these multinationals are located. That does not mean they should not pay their fair share of tax. I will give an example from The Irish Timesthis year, "Google used 'double-Irish' [which was supposed to be gone in...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: I move amendment No. 17: In page 94, between lines 33 and 34, to insert the following: “Reports 37.Before the publication of the Finance Bill 2022, the Minister shall lay a report before the Dáil, on the impact of the change of the corporate tax rate to 15 per cent, and what measures are needed to ensure that this rate is a minimum effective rate which cannot be circumvented...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: Deputy Farrell has made most of the points and it is her and Deputy Doherty's amendment. My wider view on banks is that, after we bailed them out, we should have kept them in public ownership, taken them over and developed a not-for-profit banking system. These private banks we bailed out are carrying losses forward and dramatically reducing their tax liabilities year on year. Then their...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: -----it will take me two years to get into the WRC and Speedy Gonzales is gone over the horizon but Warner Brothers will still be around. I am asking this as a serious question because there is a distinction between how the live-action film industry and the animation industry operate. The animation industry does not go cartoon by cartoon. People are employed by an actual company and they...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: Yes, I am.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: I move amendment No. 15: In page 81, between lines 33 and 34, to insert the following: “(c) whether the employment generated in the development of the digital game ensures quality employment and training for those employed in its development and in particular to ensure that the digital games development company is not engaged in bogus self employment or employment practices which...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: Indeed, but let us be honest, we are dependent on the information from the ground. It is difficult to establish the real facts on the ground. It is a hard thing for the officials to do as well. We are all dealing with multiple issues. We are talking to particular people, but we get a better sense when we get everybody in a room, and we hear the different perspectives, especially when we...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: To be clear, insofar as this is modelled on section 481, does the same designated activity company, DAC, approach apply where it is done on a project-by-project basis? What was the Minister's favourite cartoon when he was younger? Was it "Tom and Jerry"? Let us say I am employed by Tom and Jerry DAC and then I am employed by Speedy Gonzales DAC. I am then employed by Wile E Coyote, DAC,...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: In order to have that relationship between employer and employee somebody has to be the employer, but the people who are getting the money are saying they are not employers. This is the point. It is so elementary and it has to be addressed. Screen Producers Ireland is like the film branch of IBEC. It has no entitlement to making an agreement for an industry, particularly when its members...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: There are real consequences to not having proper employment relationships between the producers and employees in the film industry.
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: I acknowledge that the Minister engaged, listened and took action. That action has brought some improvements and it has put a bit more pressure on. However, to be honest, what the Minister is being told by Screen Producers Ireland is not the truth. He needs to look beyond it. I have quoted what its CEO said in a witness statement this year in the Labour Court. She does not just say...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: I move amendment No. 14: In page 79, between lines 18 and 19, to insert the following: "33.Within three months of the passing of this Act, the Minister shall lay a report before the Dáil, on the functioning of section 481 relief for investment in films, particularly in relation to the degree to which it is meeting the requirement to meet "quality employment and training" and to...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: I said it would be scary if interest rates rose. That is a vulnerability. I accept interest rates are low at the moment and it is sustainable at this point but that could change. We learned to our cost after the crash in 2008 where that can lead. I will make an elementary point about the borrowing of money. You borrow off rich people, and you pay them interest. People who have...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: I move amendment No. 11: In page 20, between lines 28 and 29, to insert the following: “16. Within three months of the passing of this Act, the Minister shall lay a report before the Dáil, on the income that would be generated by introducing four new income tax bands as follows: (a) earnings between €100,000 and €150,000 taxed at 50 per cent; (b) earnings...
- Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)
Richard Boyd Barrett: I move amendment No. 12: In page 20, between lines 28 and 29, to insert the following: “CHAPTER 4 Wealth Taxes Reports 16. Within three months of the passing of this Act, the Minister shall lay a report before Dáil Éireann, on the amount of revenue that would be raised if he were to tax the top 5 per cent of households 2 per cent of their accumulated wealth less 1...
- Finance Bill 2021: Report Stage (1 Dec 2021)
Richard Boyd Barrett: We tabled this amendment because we believe in tax justice. We believe in an equitable distribution of wealth and income which we are a very long way from. The Minister says we would not get these people whom we need and we would not be competitive given the tax breaks that these incredibly well-paid executives can get elsewhere and therefore we need to do the same. I do not know the...
- Finance Bill 2021: Report Stage (1 Dec 2021)
Richard Boyd Barrett: It is fine. I have made the point and I made it extensively on Committee Stage.
- Finance Bill 2021: Report Stage (1 Dec 2021)
Richard Boyd Barrett: We can boil down the argument of the Minister to there being one law for the rich and one law for the rest. That is actually what SARP amounts to. People who earn more than €70,000 - quite a few of these people earn millions of euro a year - get a special and very substantial tax break on their enormous earnings which ordinary workers do not get. Such people also get tax relief on...