Results 6,161-6,180 of 35,563 for speaker:Pearse Doherty

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Pearse Doherty: Answer the question. Why is the Minister allowing these rich executives to keep €20 million?

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Pearse Doherty: Answer the question. Why is the Minister going against his officials' advice, allowing these executives-----

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Pearse Doherty: 96. To ask the Minister for Finance the estimated annual revenue forgone as a result of stamp duty not being applied to share buybacks not effected by means of a stock transfer form; and if he will make a statement on the matter. [55908/22]

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Pearse Doherty: A stamp duty tax of 1% normally applies to the purchase of shares. Under certain circumstances, however, when a company buys its own shares, this charge does not apply. In fact, the stamp duty only applies when a share buyback takes place by means of a stock transfer form. In the other two cases, when they are purchased through a direct contract or through security settlement systems, no...

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Pearse Doherty: Revenue just applies the laws we set this House. Share buybacks have become a popular way for companies to drive up their share prices and enrich corporate executives and shareholders. Irish publicly-listed companies are on course to spend more than €1.9 billion buying back their own shares each year, including retail banks and large developers. However, share buybacks can often be...

Ceisteanna Eile - Other Questions: Tax Yield (10 Nov 2022)

Pearse Doherty: We have been calling for this, which the Minister will know because he has our alternative budget. It is online. We have asked the Department to make a clear signal to him as to where he can access it. However, let us deal with the issue here. The Minister talked about how we need to pay for stuff. Up to €20 million in foregone tax is lost here. The loss is difficult to justify,...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: What is clear as we see the detail of the measure and the documents that followed the publication of the Finance Bill is that the levy will have an impact. The impact is very clear; it is negative. It will be negative for those struggling to rebuild their homes in Donegal and right down the coast. It will be negative for the victims of the mica scandal. It will also be negative in respect...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: If the Minister googles our alternative budget, he will find it online. He should not deflect from the reality or the real issue like he did when he abandoned those who are seeing massive increases in mortgage interest and the victims of the mica scandal, who came to this House and whom I know. I have sat in their homes and have seen the cracks in the walls. I have seen the water running...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: I am happy that the Minister changed his proposal-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: Take it out of the pockets of the owners of homes with mica.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: I have already explained.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: The Minister decided to push up house prices.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: But the Minister will vote against the levy on banks later on.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: The Minister will vote against all the measures we put forward in our budget-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (10 Nov 2022)

Pearse Doherty: Germany has just introduced such a proposal.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (10 Nov 2022)

Pearse Doherty: First, what we put forward, and the things the Minister has-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: 91. To ask the Minister for Finance if he will provide an update on the increased soft and hard costs resulting from the defective concrete products levy on a typical semi-detached house, its impact on housing supply and the cost of remediation for homeowners affected by defective blocks. [55906/22]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Defective Building Materials (10 Nov 2022)

Pearse Doherty: The Government plans to push ahead with a flawed and counterproductive levy on concrete products, even despite all the warnings that the levy it has designed will result in higher housing and building costs for workers and families. We heard at a meeting of the finance committee from experts, including the Society of Chartered Surveyors Ireland and those impacted by the mica scandal, that...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (10 Nov 2022)

Pearse Doherty: 89. To ask the Minister for Finance the number of outstanding mortgage loans that are tracker or variable rate mortgages; and if he will consider options to introduce targeted, tailored and time-bound mortgage interest relief in response to rising interest rates. [55905/22]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Mortgage Interest Rates (10 Nov 2022)

Pearse Doherty: On 14 September, the ECB increased its interest rate by 0.5%, bringing it up to 2%. This was the third rate hike since July with further hikes expected in the coming months. This has had an immediate impact on households on tracker mortgages and could impact those on variable rate mortgages in the coming months, heaping further financial pressure on struggling households. Will the Minister...