Results 8,741-8,760 of 35,563 for speaker:Pearse Doherty
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: I move amendment No. 109: In page 132, between lines 8 and 9, to insert the following: “Report on applying a stamp duty surcharge on the purchase of residential property by corporate structures including REIT and IREF 61.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the application of 17 per cent stamp...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: I thank the Minister for his comments. I note the TSG will look at this stamp duty issue in the commercial property sector. We talk about the role of taxes in respect of revenue raising or behaviour changing, and this measure is very much to try to divert activity away from one sector. I am not a person who believes there should be no commercial property. Of course we need commercial...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: No, I am not finished.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: Let me finish.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: I am the proposer of three amendments which you will probably reject when I push them to a vote. These policies and the decisions which are taken here in the bowels of Leinster House have real and long-term consequences for people. Over a series of years I have sat in this committee and policy after policy has resulted in this. It has pushed house prices beyond the reach of ordinary...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: I am delighted that the Minister reads our alternative budgets. Maybe they will give him some ideas on how to change direction. The Minister has been in the driving seat and this is only going one direction, which is that house prices and rents are going up and up while availability is going down and down. That is the reality and no one else is to blame. The Minister is right: this is...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: Fair play, but when I was in the Seanad, the Minister of State at the time was former Deputy Michael Finneran. I remember him giving a speech. Someone drew my attention to it on YouTube a number of months ago. Well over a decade ago, I spoke about how crazy it was of Government policy to stop building homes and to enter into long-term leasing arrangements, the nonsense of knocking down...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: No one said that.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: The Minister should defend his record instead of spouting nonsense.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: No. The Minister should not let himself down.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: No one ever said that.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: They are not. The Minister does not understand how house building works.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: That is how there is funding-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: May I make a point?
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: It will only be one point.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: I will.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: I know. For the record and just in case anybody does not understand, when an approved housing body delivers a home through, for example, the capital advance leasing facility, CALF, it utilises Exchequer funding with its own financing, for example, through the European Investment Bank, EIB, or the Housing Finance Agency, HFA. The Minister knows this, but he has used that argument because he...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: It is, yes, and it is of note that the Minister could not defend his record in his final contribution, but his claims have no basis or substance. The man cannot stand over his own record.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: I move amendment No. 111: In page 132, between lines 8 and 9, to insert the following: "Report on impact of increase in non-residential stamp duty 61. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the impact of Covid-19 and remote working patterns on the commercial property sector, the outlook for commercial...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)
Pearse Doherty: I move amendment No. 112: In page 132, between lines 8 and 9, to insert the following: "Report on the bank levy and its annual yield 61. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the bank levy, its operation, applicability and annual yield in the years ahead.".