Results 881-900 of 16,849 for speaker:Dermot Ahern
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: It is up to people like the Deputies opposite to bring forward proposals in that respect.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: Last week the Taoiseach and the Minister for the Environment, Heritage and Local Government, Deputy Gormley, invited the leaders of the Opposition to meet to discuss the budgetary crisis. The Taoiseach proposed that the Opposition should have full access to briefings by the Department of Finance so that it would appreciate fully the scale of that challenge and to afford it the opportunity to...
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: Whole-time equivalents in the public sector have dropped by 10,000 from 319,000 in January 2008 to 309,000 in mid-September 2010. Under the Croke Park agreement, if fully implemented, it is estimated there will be a net reduction of 13,000 people in the public sector by the end of 2014. The Labour Party proposes a strategic investment bank capitalised by â¬2 billion from the National...
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The truth is bitter.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: In regard to the Labour Party's proposal for a 48% tax rate for higher earners, that would push the top marginal rate to approximately 62%, including levies. The top marginal rate currently is 52%. It has not been so high since 1991-92.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: In contrast the effective tax rate for middle income and lower income earners is no higher than it was in 2005-06. The difficulty with the higher tax rate is-----
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: As I stated, Ireland is one of the most successful countries in the world in attracting foreign direct investment.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The problem with imposing a 62% marginal rate of tax on the executives of the companies we expect to come into this country is that many companies considering doing business here will view marginal rates of tax from the point of view of their executives. When they find that individuals will have to pay an income tax rate of 62% they will go elsewhere.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The Labour Party has also suggested generic drugs could yield savings of â¬300 million.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The Labour Party adopted the IMO suggestion.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: If the Deputy checked, he would find that the value of the entire generic drug market in this country is approximately â¬300 million. The Labour Party is effectively asking the generic companies to provide drugs for free.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The Labour Party has not provided proper costings for its other proposals. For instance, it states it would save â¬50 million per annum on trade union subscriptions. The latest figure available costs the trade union subscription relief at â¬19 million. To be fair, however, the Labour Party and other parties have produced proposals and these will be examined.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The Government intends creating a new vision for social partnership. Government capital investment will aim to support those projects which will help the development of a productive and internationally competitive economy and a smart green economy------
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: -----support sustainable long-term employment and provide a modern social infrastructure. Crucially, the four-year plan will have a key focus on structural reform and making the economy, the public and private sectors, work better. It is a matter of public record that, over the past decade, the vast majority of Deputies backed lower taxes and higher expenditure. In 2006, Deputy Burton...
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The other day, while reading through a few documents, I came across an interesting property supplement published on the day following the 2007 budget.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: It is not only in this House that we have had collective amnesia about what went wrong. The august supplement in question stated: "Anxious? Worried? Relax - next year's property market will be steady rather than heady say the experts." A number of august economists and property consultants, including some famous and infamous ones, were then invited to give their views on what they...
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The publication in question makes interesting reading as it shows that collective amnesia regarding what took place over the Celtic years era is not confined to the Opposition benches. It also features outside the House.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The Deputy should check the record.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: I gave credit to Fine Gael and the Labour Party for producing proposals.
- Macroeconomic and Fiscal Outlook: Statements (Resumed) (28 Oct 2010)
Dermot Ahern: The Deputy is misrepresenting what I said.