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Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: I do not want to labour the point, but while I welcome the fact that the Minister acknowledges median income in 2023 was €43,000, he should acknowledge that the CSO does that for comparable data purposes. I can read to him the email the CSO provided to me. That is only for workers who are employed for 50 weeks or more in the year. It excludes all workers who left their job during...

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: The Minister is right that they benefit from the USC. He gave them €59. Let us just settle on that.

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: What is the Minister's view of middle income? He talked about middle-income workers and all the rest. Will he clarify to the House his definition of "middle income"? Does he use CSO data for example, which tells us that the median income in 2023 was €43,221? I am sure people would accept that definition of "middle income". However, as the CSO tells us, that excludes everybody who...

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: I have two questions. The Minister talks about his tax package. I will answer the question he put to me. I would introduce a tax package that is fair. If I get the opportunity to sit where he is, as Minister for Finance, I will abolish the USC for average workers across the State. I will ensure that average workers never pay a tax introduced at that time by Fianna Fáil. I will...

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: They do not have the same protection.

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: No, the Minister said they had the same protection and he should withdraw that comment.

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: It is not.

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: The Minister made a point and I am telling him now that those who have gone to the Financial Services and Pensions Ombudsman have not done so for the good of their health. These are people who are in financial distress. He has stood there and said they have the same protection. He knows fine well they do not have the same protection because there is a major flaw with the legislation that...

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: That is not the comment. That was not his comment.

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: His comments were that the protections travelled with them. They are the comments that gave the green light to the vulture funds to sweep in and buy up these loans.

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: The Minister is also on the record as misleading the Dáil.

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: On section 2 of the Bill, which deals with the rate of charge in relation to USC, this is not the way the tax package should have been introduced and I will speak to this point more generally in respect of my own amendment. There absolutely was, however, a fairer way to do that. We in Sinn Féin have put on the record that if we have the opportunity to lead the next Government, we will...

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: Can I take the Minister up on that? He has completely misled the Dáil again and I really need to ask him to stop doing that. He made the point that loans sold to vulture funds or credit servicing firms are subject to the same rights and entitlements when sold. We know that is not the case, and the FSPO is on record as saying it is not. There was a major loophole in the legislation in...

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: I need to pull up the Minister on his claim. He has not withdrawn it. Does he accept – he cannot but do so – that people who have had their loans sold to vulture funds currently do not have the same protections they would have if they had not been sold? Quite a large number of individuals do not. The Minister is in charge of the legislation that is supposed to stop this. It...

Finance Bill 2024: Committee and Remaining Stages (5 Nov 2024)

Pearse Doherty: Obviously, we are all waiting for the whistle to be blown in terms of the election. In my time in these Houses, I think this is the 18th Finance Bill I have responded to. Even during the time of the IMF bailout, there was agreement to get the Finance Bill through the House. This guillotine is not appropriate. There are sections in this legislation which will not see the light of day in...

Written Answers — Department of Communications, Climate Action and Environment: National Broadband Plan (5 Nov 2024)

Pearse Doherty: 117. To ask the Minister for Communications, Climate Action and Environment if there are any plans to expand the national broadband plan to the many parts of Donegal that are not featured in the plan currently and are also not currently serviced appropriately by commercial providers; and if he will make a statement on the matter. [44469/24]

Written Answers — Department of Transport, Tourism and Sport: Electric Vehicles (5 Nov 2024)

Pearse Doherty: 230. To ask the Minister for Transport, Tourism and Sport if the electric vehicle home charger grants will be paid to a person (details supplied) who installed an EV charger; and if he will make a statement on the matter. [44796/24]

Written Answers — Department of Finance: Fiscal Data (5 Nov 2024)

Pearse Doherty: 247. To ask the Minister for Finance if the net tax expenditures outlined in the summer economic statement are incorporated at the same level within the projections for revenue and balances contained in the Fiscal Outlook 2025; and if he will make a statement on the matter. [44055/24]

Written Answers — Department of Finance: Fiscal Data (5 Nov 2024)

Pearse Doherty: 250. To ask the Minister for Finance the projected net expenditure on tax measures contained in the fiscal outlook 2025 for the year 2030; and if he will make a statement on the matter. [44076/24]

Written Answers — Department of Finance: Tax Yield (5 Nov 2024)

Pearse Doherty: 255. To ask the Minister for Finance the estimated revenue of increasing stamp duty on residential property with a value over €1 million to 6%, including all multi-unit purchases of houses and apartments; and if he will make a statement on the matter. [44179/24]

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