Results 10,521-10,540 of 15,555 for speaker:Eoghan Murphy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Can you describe if, and in what way the election in 2002 impacted on the budget decisions of December 2000 and December 2001?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Sorry, but is that a responsible way to run the national finances?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Evidence has been put to us that pro-cyclical taxation from 2000 to 2006 rose from 12% to 30%. So were those revenues sustainable?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Well, was the tax revenue taxation model sustainable that you built up? And you used that money to spend then prior to elections. Was it sustainable?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: In the 2002 election campaign, you stated that, "No cutbacks whatsoever had been planned, secretly or otherwise", and in 2003, spending was halved.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: So did you get the 2002 budget wrong?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: The taxes for 2003?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: At what point in 2002 did you foresee this crisis in revenues coming in 2003?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Because in the first half of 2002, spending was 22% up on the previous year but by the end of the year it was only 14% up, so-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Did-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Did the REV in 2002-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Did the REV in 2002, did that happen in February or after the election?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Yes. You don't need to go over it again, I just wanted to clarify that.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Okay. Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Thank you, Chairman, and thank you, Mr. McCreevy. Just a couple of brief questions if I may and it's just in relation to your approach to budgets to try and understand the level of analysis done by the Department. Because throughout various points of your evidence today, it has not been clear what degree of analysis had been done prior to a budget proposal and what degree of analysis had...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Where did that idea come from?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Okay. Did you have any analysis for it as to what the outcome might be?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: Thank you, Mr. McCreevy. I'm not interested in the proposal itself, just in the approach is what I am asking about. Was it your usual practice to come up with a policy idea without informing your officials?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: This particular cut, you had informed your officials, I think, two weeks before the budget?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Eoghan Murphy: No. The CGT, capital gains tax------.