Results 1-20 of 96 for 5 million speaker:Richard Boyd Barrett

Finance (No. 2) Bill 2023: Second Stage (Resumed) (24 Oct 2023)

Richard Boyd Barrett: ...was given to landlords. It is shocking, quite honestly. Others have referred to this issue, and it was also rightly referred to during the debates on budget day. Renters got an additional €88 million in the budget, while landlords got an additional €160 million. The landlords, therefore, got twice what the renters got. Of course, there are hundreds of thousands of...

Financial Resolutions 2023 - Budget Statement 2024 (10 Oct 2023)

Richard Boyd Barrett: ...to earn €318 a week. The Government is giving people a miserable €12 on top of €280 a week for the basic social welfare payment or disability payment, and for pensioners, €12 on top of the €265 they get. This will leave the overwhelming majority of pensioners, people with disabilities and the most vulnerable people in our society living in poverty at a...

Written Answers — Department of Finance: Tax Data (27 Jun 2023)

Richard Boyd Barrett: 226. To ask the Minister for Finance to provide details of the latest figures of the net worth of Irish households, including the net worth of the top 1%, the top 5% and the top 10% of these households; to estimate the revenue that would be generated by levying a tax of 2% on the top 5% allowing for a tax-free allowance for each household of €1 million; and if he will make a statement...

Rent Reduction Bill 2023: Second Stage [Private Members] (26 Apr 2023)

Richard Boyd Barrett: ...alternatives. While I was sitting in the housing committee yesterday across from Darragh O'Brien, where he was justifying the ridiculous and disgraceful announcement that he will give hundreds of millions of euro to private developers to incentivise and encourage them to deliver more housing, I got a text from my office about a family where the bailiffs will be coming around on Tuesday....

Ceisteanna ó Cheannairí - Leaders' Questions (18 Jan 2023)

Richard Boyd Barrett: Yes, the Taoiseach is right. There is no conspiracy; it is naked, brazen greed. The Taoiseach's answer does not explain how the number of people with more than €50 million or the number of people with up to €5 million in personal wealth has doubled. It does not explain how corporate profits have trebled in the last ten years while ordinary people are suffering. Let me give...

Ceisteanna ó Cheannairí - Leaders' Questions (18 Jan 2023)

Richard Boyd Barrett: ...by the crisis in our hospitals and in many of our public services. The facts revealed in the report are shocking. It states that the number of people in this country who have more than €50 million in personal wealth has doubled since 2012; the number of people worth nearly €5 million each has doubled in the same period and now comprises up to 20,000 people; the richest 1%...

Finance Bill 2022: Report Stage (23 Nov 2022)

Richard Boyd Barrett: I move amendment No. 17: In page 65, between lines 10 and 11, to insert the following: “Wealth Taxes 24.Within 3 months of the passing of this Act, the Minister shall lay a report before the Dáil on the amount of revenue that would be raised if he were to establish a Wealth Tax that taxed the top 5 per cent of households 2 per cent of their accumulated wealth less 1 million...

Social Welfare Bill 2022: Second Stage (Resumed) (23 Nov 2022)

Richard Boyd Barrett: ...energy poverty. It is estimated that if current trends of energy cost increases continue this figure will increase to 43%. This is almost double its previous recorded high of 23% in 1994 and 1995. If this trend continues, just under half of the population will soon suffer energy poverty. More generally, according to Social Justice Ireland when housing costs are taken into account, 19%...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2022: Committee Stage (Resumed) (15 Nov 2022)

Richard Boyd Barrett: I move amendment No. 19: In page 59, between lines 36 and 37, to insert the following: “Wealth Taxes 21.Within 3 months of the passing of this Act, the Minister shall lay a report before the Dáil, on the amount of revenue that would be raised if he were to tax the top 5 per cent of households 2 per cent of their accumulated wealth less 1 million for a family home.”. ...

National Cultural Institutions (National Concert Hall) (Amendment) Bill 2022: Second Stage (6 Oct 2022)

Richard Boyd Barrett: ...things prior to the budget, was extraordinarily disappointed with the budget. In my contribution on the day of the budget, I noted that the overall budget for arts and culture is down by 5% this year, according to the Estimates book at least. The overall budget for the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media is down by 8%. While we have a good news story...

Financial Resolutions 2022 - Budget Statement 2023 (27 Sep 2022)

Richard Boyd Barrett: ...out of poverty, but it has not. When taken in the round, the people who needed help are going to be worse off next year than they were this year. Take for example, a fairly average worker earning between €25,000 and €30,000. In the Government's own budget book this worker would gain an extra €4 per week. This is against a background where, in real terms, energy...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (1 Jun 2022)

Richard Boyd Barrett: ...but one possible approach to dealing with this situation is to insulate people's incomes against the impact of inflation and to do that, if I understood what our guests have said, would cost €700 million. Was that the relevant figure? The problem is that €700 million would take us over the 5% rule. I am generally in favour of insulating people's incomes, wages and so on...

Rising Food Prices: Motion (Resumed) [Private Members] (31 May 2022)

Richard Boyd Barrett: ...acknowledge this point at some level and introduce a windfall tax on the profits of energy companies that are making a fortune. In the past week, Oxfam produced a report showing that if we put a 1.5% tax on everyone in this country who has more than €4 million in wealth, we could raise €5 billion annually. My God, would that not do a lot to protect ordinary people from the...

Electricity Costs (Domestic Electricity Accounts) Emergency Measures Bill 2022: Second Stage (3 Feb 2022)

Richard Boyd Barrett: ...is a drop in the ocean and will not cut it. It is good the Government seems to be acknowledging that more needs to be done, as others have said. We made the point during the debate on the budget that a €5 increase and failure to expand eligibility for the fuel allowance were just not good enough. When the scheme was first announced towards the end of the year, we were very clear...

Finance Bill 2021: Report Stage (Resumed) and Final Stage (2 Dec 2021)

Richard Boyd Barrett: ...Wealth Taxes Reports 16. Within three months of the passing of this Act, the Minister shall lay a report before Dáil Éireann, on the amount of revenue that would be raised if he were to tax the top 5 per cent of households 2 per cent of their accumulated wealth less 1 million for a family home.”. We raise the issue of wealth taxes every year. We are consistent in...

Maritime Area Planning Bill 2021: Report and Final Stages (1 Dec 2021)

Richard Boyd Barrett: ...The Marine Institute; (b) The Environmental Protection Agency; (c) The Heritage Council; (d) Fáilte Ireland; (e) An Taisce, the National Trust for Ireland; (f) Sustainable Water Network Ireland. (5) The Minister shall assess the compliance of the existing NMPF including in particular how the existing NMPF complies with the following articles of the MSP Directive: (a)...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Richard Boyd Barrett: ...can afford. These are developments where the rents or prices are absolutely astronomical and completely beyond the reach of the vast majority of people. Take Cherrywood for example. I think €15 million from the local infrastructure housing activation fund, LIHAF, went into putting in the infrastructure there. It is one of the biggest residential developments in the State, if not...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Richard Boyd Barrett: ...TaxesReports 3. Within three months of the passing of this Act, the Minister shall lay a report before Dáil Éireann, on the amount of revenue that would be raised if he or she were to tax the top 5 per cent of households 2 per cent of their accumulated wealth less 1 million for a family home.”. Since this is part of the same package of tax proposals, we have...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (16 Nov 2021)

Richard Boyd Barrett: This amendment is a proposal specifically for a wealth tax on the top 5% of households at a rate of 2% on their accumulated wealth while stripping out €1 million to account for the family home. We do not believe in taxing the family home because it is not the same as wealth that is additional to that, for example, multiple properties, large landholdings, large holdings of shares,...