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Seanad: Finance Bill 2011 (Certified Money Bill): Report and Final Stages (29 Jan 2011)

Brian Lenihan Jnr: This recommendation will not work.

Seanad: Finance Bill 2011 (Certified Money Bill): Report and Final Stages (29 Jan 2011)

Brian Lenihan Jnr: I am not here as a lawyer. I am here as the Minister for Finance.

Seanad: Finance Bill 2011 (Certified Money Bill): Report and Final Stages (29 Jan 2011)

Brian Lenihan Jnr: It is a complex matter which still would have been difficult to rectify even if we had agreed to sit for another week.

Seanad: Finance Bill 2011 (Certified Money Bill): Report and Final Stages (29 Jan 2011)

Brian Lenihan Jnr: I welcome the spirit in which Senator Norris tabled this recommendation. I understand why the Senator tabled it. However, Senator O'Malley raised a very relevant point at the outset of the debate on this recommendation of which sight has been lost in the subsequent discussion. She inquired as to whether the recommendation achieves the purpose for which it is intended and whether it is...

Seanad: Finance Bill 2011 (Certified Money Bill): Report and Final Stages (29 Jan 2011)

Brian Lenihan Jnr: To be clear, the Green Party agreed to the Saturday sitting. Seanad Éireann's revising function is its most important function because issues of principle are decided upon in Dáil Éireann, by and large, and if the Seanad disagrees on a principle with the Dáil, the Dáil has the power to reverse the principle after 90 days in the case of a Bill other than a money Bill, and if the Seanad...

Seanad: Finance Bill 2011 (Certified Money Bill): Report and Final Stages (29 Jan 2011)

Brian Lenihan Jnr: I am giving notice of that now. By doing so, I am giving power to the Legislature in some weeks time to use those dates. As Members know, when the Minister uses certain words in a formula like this, it creates the capacity to legislate retrospectively. I am saying this now, on the record of the House, in order that the Senator's recommendation has not been in vain. He has given me the...

Seanad: Finance Bill 2011 (Certified Money Bill): Report and Final Stages (29 Jan 2011)

Brian Lenihan Jnr: Which recommendation is the Senator discussing?

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: I do not accept there is any duty to accept that recommendation and I never conceded that in the debate. On the merits of the recommendation, the position is that the PRSA contribution is fully taxed under the current income levy. As Senators will be aware, the social charge is a merger of the health contribution and the income levy. It is correct that the health contribution element of it...

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: This was raised with me in social partnership.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: This issue was raised by me with social partners in social partnership negotiations-----

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: -----who objected to pay cuts and who turned around and asked why I would not bring in a 65% income tax rate.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: These persons are all symbiotically linked.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: I have the honour of representing a north-side Dublin constituency and when I pass Liberty Hall I see Kim Il-sung-type pictures of Deputy Gilmore on the building.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: Please stop pretending to me that you are not symbiotically linked with all these people.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: I look forward seeing the Labour Party's manifesto.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: I have the honour of having written the manifesto for the next four years for this country-----

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: -----and Senator Alex White will depart from it at his peril. That is all I can tell him.

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: There is no question of hubris. There are modifications that can be introduced, but the broad direction of that manifesto in the national recovery plan is that two thirds of the adjustment must take place on the expenditure and one third on the taxation side. Although Fine Gael is maintaining that it can make an even bigger adjustment on the expenditure side, it will find it will be...

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: -----because it allows them engage in this endless politics of begrudgery-----

Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011)

Brian Lenihan Jnr: -----that there is someone else who has to pay.

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