Results 6,181-6,200 of 35,563 for speaker:Pearse Doherty

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

Pearse Doherty: Gabhaim buíochas leis an Aire. I am fully aware that the interest hikes are yet to be felt by all mortgage holders. Hopefully the bank will continue to absorb these hikes. Time will tell, but it is likely that some of that will change. For those on trackers, there has been an immediate impact. Those with an outstanding balance of €200,000 will see their repayments increase...

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

Pearse Doherty: The Minister talks about modelling the cost but the reality is people here face a massive increase in repayments. For people struggling with gas, electricity, food, petrol and diesel prices over the last six months, to be told they have to pay an extra €2,000 in mortgage repayments on a typical family home with an outstanding balance of €200,000 is a huge wallop. They are...

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

Pearse Doherty: I do not support either of the amendments. Our position on the USC is well laid out. More lower income earners need to be taken out of the tax bracket and we will table amendments on Report Stage on this. It would also be a better way to provide a tax break for workers and would not do what the Minister has done, namely, exclude the large number of almost three quarters of income earners...

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

Pearse Doherty: I will not go into the example the Minister gave about corporation tax and income tax. Obviously one is on profits and the other is on income and not the turnover of the company. I want to focus on the issue of USC. As I said, I do not support these amendments but I must take the Minister up on his commentary suggesting that he abandoned this policy. This was described by Fine Gael as...

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

Pearse Doherty: I am arguing for it.

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

Pearse Doherty: Germany has just introduced one.

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

Pearse Doherty: The Minister had it in his hand earlier on.

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

Pearse Doherty: I will make whatever point I wish, with respect, because this is the finance committee-----

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

Pearse Doherty: I want to know if the promises-----

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

Pearse Doherty: The Government's main promise in the 2016 election campaign was the populist promise to abolish the USC at a cost of €5 billion. That has gone. The merger with PRSI, which was argued for by the Tánaiste, Deputy Varadkar, was to reduce taxation but it has gone as well. The Tánaiste, who is the Minister's party leader, has a habit of making announcements. He announced the...

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

Pearse Doherty: As far as I know, we are dealing with the amendments now as opposed to the section.

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

Pearse Doherty: Does the Vice Chairman want to dispose of the amendments first?

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

Pearse Doherty: Will there be a vote on the section?

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

Pearse Doherty: What about amendment No. 3?

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

Pearse Doherty: Is the Vice Chairman now dealing with the section, having disposed of one amendment?

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

Pearse Doherty: Obviously, the section brings the universal social charge into line with the increase to the minimum wage. The increase to the minimum wage is 7.6%. It is not even in line with inflation, or the hyperinflation we have at this point. The Minister will have seen other member states move with greater ambition than the Government. Germany, for example, has increased its minimum wage this year...

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

Pearse Doherty: I welcome this amendment from Deputy Nash. Sinn Féin's housing spokesperson, Deputy Ó Broin, has put forward similar proposals in terms of those who are impacted as a result of defects, which are concentrated around Dublin and urban areas. There is also the defective block issue, which we will discuss later when we talk about the levies. I will contain my comments to multi-unit...