Results 9,421-9,440 of 27,019 for speaker:Michael Noonan

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: The Deputy has made an allegation and he should let me reply.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: Deputy Doherty made an allegation about my frame of mind and about my attitude to workers.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: I know that when the Deputy cannot win the argument, he fights the man. It is called argumentum ad hominem.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: Play the man, not the ball.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: The Deputy will not allow me to reply to the suggestion he is making.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: He is shouting me down.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: I am not making any charge at the Deputy.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: If the Deputy will let me speak, he might calm down. I know he has had a bad month but we have all had difficult times in politics.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: At the start of my explanation of the general policy approach of the Government to personal taxation, I spoke about relieving USC payments on low-paid workers. I said this was a defective policy instrument whereas income tax was not, because people earning below €16,500 pay no income tax so I cannot give them tax relief through reducing income tax. People marginally above or even a...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: If I said that, I did not mean to. Is that all right?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: You would not let me in.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: I am doing that as well.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: The Deputy already stated in his very polite proposal of his amendment that he acknowledges the fact that I had taken very many people paying USC out of USC completely this year - a total of 80,000 people and more than 300,000 in 2012. The Deputy expressed the wish that we might make further progress.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: I have already said that we will mirror this approach next year and, if possible, the year after. I think we are nearly in the same place.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: The first point I want to make is that the logic of the points made by the Deputy suggests he believes in a model in society where everybody gets paid more or less the same. He seems to believe that if there are variations in wages and salaries in the labour market, the function of the Government should be to equalise everybody. I do not share that viewpoint, which has been put forward...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: They pay a little less than €25,000. A person whose gross pay is €70,000 has €45,000 after all personal taxes have been deducted. Such people usually live in private houses that they have bought with mortgages, which means they have to make mortgage payments on top of paying their taxes. Those referred to by the Deputy as very well-off quickly come down to being the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: I would be pleased if I could make my reply without interruption.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (18 Nov 2014)

Michael Noonan: Recent ESRI research has shown that inequality in Ireland has decreased since the advent of the downturn as the Government has sought to protect the most vulnerable sectors of society from the full impact of the downturn. Core social welfare payments have not been cut at all. Personal taxes have not been increased. Personal taxes have been reduced in this budget. This is to our credit,...

Finance Bill 2014: Financial Resolutions (18 Nov 2014)

Michael Noonan: I move the following Resolutions:THAT chapter 4 of Part 8 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which deals with interest payments by Certain Deposit Takers, be amended in the manner and to the extent specified in the Act giving effect to this Resolution. THAT Parts 26 and 27 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provide for the tax treatment that...

Finance Bill 2014: Allocation of Time: Motion (18 Nov 2014)

Michael Noonan: I move:That, notwithstanding anything in Standing Orders: (1) The proceedings in the Select sub-Committee on Finance on the Finance Bill 2014 shall be brought to a conclusion in accordance with the following timetable: Date: Proceedings: To conclude not later than: Tuesday, 18 November Part 1 (sections 1 to 12) 9 p.m. Wednesday, 19 November Part 1 (sections 13 to 17) 1 p.m. Part 1...