Results 121-140 of 16,537 for speaker:Brian Lenihan Jnr

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

Brian Lenihan Jnr: There is always someone else who must pay.

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

Brian Lenihan Jnr: It allows Senator Alex White to go to the doorstep and state to the occupant that he or she is a poor man or woman who is being mercilessly treated by the last Government, that his party accepts all that it did and will not change the measures even though the party opposed them, but there is someone else who can pay in the future. There is not-----

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

Brian Lenihan Jnr: -----and that will not work as an economic policy for this country.

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

Brian Lenihan Jnr: First, all taxation involves an element of injustice in that it removes someone's income from him or her. I pointed out in respect of this-----

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

Brian Lenihan Jnr: I will not answer yes or no because-----

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

Brian Lenihan Jnr: -----Seanad Éireann does not consider legislation in a reflective way by simply answering yes or no to questions.

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

Brian Lenihan Jnr: This House is not conducted like an opinion poll, as it is a deliberative assembly. My point is that, as far as there is an injustice, this income is already taxed by the income levy and the question is whether the imposition of the increased amount reflective of the health levy amounts to an injustice. We must raise this money and the question is whether - all must learn this lesson -...

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

Brian Lenihan Jnr: Irrespective of-----

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

Brian Lenihan Jnr: -----who is in power or the personalities involved, it would have been better for the country had it been permitted for the first three months under the EU-IMF arrangement to provide for a continuity of government. In late November the Green Party decided on what was constitutionally an extraordinary position, whereby it, effectively, withdrew confidence from the Government but decided to...

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

Brian Lenihan Jnr: My party certainly was prepared to ensure such stability.

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

Brian Lenihan Jnr: On the wider aspects of this important question, one of the experiences I had in government on tax expenditures was that individual Departments defend the tax expenditures associated with their particular Department. The Department of Enterprise, Trade and Innovation will defend the tax expenditures associated with the incentivisation of research and development, patent royalties or shared...

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

Brian Lenihan Jnr: It is important that we understand-----

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

Brian Lenihan Jnr: Deputy Martin made an apology. Let us see whether Deputy Kenny is willing to make an apology for that scheme.

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

Brian Lenihan Jnr: He was directly involved.

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

Brian Lenihan Jnr: Deputy Kenny has become so shy of the media that it is unlikely we will see him making this apology.

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

Brian Lenihan Jnr: Tourism is important and the hotel reliefs have caused difficulties, but they have also ensured we now have a sizable modern hotel stock and it is difficult to see how direct State investment could have procured that stock. Let us consider where we can achieve growth in the coming years. One crucial area for growth and jobs will be tourism. It will be vital if we are to lift domestic demand...

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

Brian Lenihan Jnr: Let us be clear about what we are doing. We all maintain property-based tax reliefs are wrong. Then we turn around and suggest a new one. We must be consistent and we must make up our minds. I agree that a cost benefit analysis is of great benefit in deciding on these matters and it may be desirable as an aspect of national health policy. One would examine what it would cost for the...

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

Brian Lenihan Jnr: On Report Stage in the other House an amendment was introduced to provide for an aggregate charge of 90% to be applied to bonuses paid by certain financial institutions to their staff. The amendment applies a high rate of universal social charge to any payment in excess of regular salary made by a financial institution which has received financial investment from the State to any of its...

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

Brian Lenihan Jnr: It is an amendment to section 3 on the social charge.

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

Brian Lenihan Jnr: It is not really a finance Act recommendation.