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Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: Absolutely. I thank the Minister for making my point for me. Only a tiny group of people has surplus wealth. That is critical. Only a very small group of people has surplus wealth. Most people have debt. That is what they have. The owe money. When income, wealth and assets are set against liabilities, for most of their lives most people are operating in negative territory. For a...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: Yes. The amendment is about compiling a database on wealth. Obviously, this is proposed with a view to having a possible wealth tax.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: We have not. Is that not what the Finance Bill is for?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: Yippee. The Minister is doing that, although he said it would be very difficult to do.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: Under pressure.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: I just want to make a point to the Minister on collecting the data. In responding to the suggestion we collect data on wealth I must re-emphasise that we are focusing, in particular, on those at the very top, not the ordinary person who has a house. I refer to those with multiple properties and vast financial and other assets. They are the people at whom we are trying to get. The Minister...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: It does not differentiate.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: I know that. It would be easy to establish who owns three, four, five, ten, 15, 20 or 50 homes. There is a big difference in that regard.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: That is not what we are talking about.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: I said the information is available to the Minister.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: Put in place capital controls.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)

Richard Boyd Barrett: I no longer have the money to do it.

Written Answers — Department of Finance: Corporation Tax Regime (18 Nov 2015)

Richard Boyd Barrett: 13. To ask the Minister for Finance for an explanation of the recent spike in corporate tax receipts; the extent to which it is linked to recent changes made in relation to the so-called double Irish and the knowledge box; and if he will make a statement on the matter. [40380/15]

Written Answers — Department of Finance: Rent Controls (18 Nov 2015)

Richard Boyd Barrett: 29. To ask the Minister for Finance his role and input in the recent discussions around controls, regulations and new initiatives in the rental and housing market; and if he will make a statement on the matter. [40379/15]

Written Answers — Department of Social Protection: Social Welfare Offices (18 Nov 2015)

Richard Boyd Barrett: 47. To ask the Tánaiste and Minister for Social Protection why the social welfare office in Portarlington in County Laois refused financial assistance or provision of information regarding the JobBridge and the JobsPlus schemes, or equivalent, to a person; and if she will make a statement on the matter. [40787/15]

Paris Terrorist Attack: Statements (17 Nov 2015)

Richard Boyd Barrett: The attack by ISIL in Paris was a vile and barbaric atrocity which must be condemned unreservedly. We must do everything to defeat the poisonous, inhuman ideology that drove such an attack. That should be clear to all of us but for precisely that reason I would appeal to the Government to raise its voice against the moves and actions now being taken by the French Government, the United...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)

Richard Boyd Barrett: I will be gone after 7 p.m. as I have another engagement.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)

Richard Boyd Barrett: I move amendment No. 1:In page 7, between lines 16 and 17, to insert the following:“2.In the case of public service pensioners who are not in receipt of a contributory social welfare pension, universal social charge will be reckoned on their gross total public service pension(s) less the amount of contributory social welfare pension commensurate with their length of pensionable...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)

Richard Boyd Barrett: As I stated, it is Deputy Healy's amendment. I merely wanted to get the Minister's response for the record. Is the Minister saying it is primarily for technical reasons that he cannot accept the amendment?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (17 Nov 2015)

Richard Boyd Barrett: Does the Minister have a figure for how expensive it would be?

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