Results 12,061-12,080 of 16,679 for speaker:Peadar Tóibín

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: Okay. I thank Professor McHale.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: We would be less inflationary than this Government.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: It is not necessarily an issue of spending more. The issue that whatever is spent must be raised.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: The major difficulty in this State is we promise European public services on US tax rates. This is where the fiscal irresponsibility lies. If European public services are promised on a European tax rate, it fits in and certain people are happy. This is the key issue. The cycle would be flattened. In other words, one takes heat out when the economy is at its peak and one puts it back in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: To sum up, the Irish Fiscal Advisory Council is stating there are several risks, the first of which is posed by a pro-cyclical economic policy. The second is there is a lack of proper mid-term planning; the third is in the trapped sectors within the economy, whether they be people in debt distress or on low wages; while the fourth is Government debt. Does Professor McHale agree that these...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: I am referring to the sector of society which comprises people who are economically trapped. While they might not be a risk to the fiscal health of the general economy, their position is a manifestation of the social ill health of the economy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: As a new Deputy in 2011, I recall the Minister of Finance speaking on a regular basis about how our debt was unsustainable. By contrast, there is now a view, one that is proclaimed both here and abroad, that the debt is sustainable. Back in 2012 and 2013 there was pressure on the Government to achieve retrospective recapitalisation, in other words, to ensure our European partners treated us...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: Going back to the exchange between Deputy Pat Rabbitte and the Chairman, one of the concerns I have is that sometimes actors on the right figure they own fiscal responsibility. Is it not the case, in fact, that fiscal responsibility is neither a right nor a left issue but is about paying for the services we deliver in a sustainable fashion? We can have small government and small taxes which...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: Shakespeare.

Written Answers — Department of Environment, Community and Local Government: Local Authority Funding (2 Dec 2015)

Peadar Tóibín: 165. To ask the Minister for Environment, Community and Local Government the Central Government funding provided to local authorities for each year between 2000 and 2015, in tabular form. [43079/15]

Rent Certainty and Prevention of Homelessness Bill 2015: Second Stage [Private Members] (1 Dec 2015)

Peadar Tóibín: I want to put some human faces on the crisis that the Government has in large part created. I have changed the names of some of the individuals, obviously. One of the problems with the housing and homelessness crisis is that so many people do not want their names mentioned or their faces put to these issues. It is quite shocking that the responsible Minister is not in the Chamber to listen...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: Cuirim fáilte roimh an Aire agus gabhaim buíochas leis as an gcur i láthair a thug sé dúinn. I wish to deal with the Common Position on flexibility of the Stability and Growth Pact, which ECOFIN is to be briefed on. Obviously the Government was one of the architects of the Stability and Growth Pact. What is wrong with the rules now and what needs to be made more...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: Is the Government looking for further flexibility in respect of Ireland's needs outside of those?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: With regard to the interpretation of those rules by the Government and the Fiscal Council, obviously the Government has said that in the next five years the figures take into account the demographic and inflationary pressures, however the Fiscal Council is of the view that it does not adequately account for them. Is there not a necessity for a more uniform interpretation of those rules by...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: Does the Minister still think that? There was heavy criticism of Fianna Fáil when it was in power because it narrowed the tax take and the ability to take taxes, but also spent billions of euro and built that into the spend of the State, on the basis of funds that did not show a consistent trend over the years. For example, much of the spend was based on stamp duty from the property...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: The Minister mentioned the recovery is broadly based and there is no doubt but that the recovery has seeped into more sectors. However, it seems we still have a huge imbalance in the economy. For example, some 90% of our exports are through the FDI sector. The focus is on that imbalance when we look at some of the figures coming through. I believe the Exchequer figures to be published...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: The exports are mostly being created by the FDI sector.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: We are coming at this from the point of view of the basis of corporation tax. On the ECOFIN discussions, there is a report from the ECON committee, which is preparing to finalise on the common consolidated corporate tax base, CCCTB. I understand what the Minister has said about the likelihood of the CCCTB being changed. The European Union is giving direction on this and there is a trend...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: On the particular ECOFIN report, it suggested that where countries broke the law on state aid or taxation, the repayment of that aid would be pooled into a fund to be paid out to countries whose tax base was eroded. What is the Government's view on that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Peadar Tóibín: Obviously, extra documentation and information is required by the EU on the Apple case. I understood the Government's view was that all of the documentation had been made available. What else is the EU looking for and what else do we have to provide?