Results 81-96 of 96 for 5 million speaker:Richard Boyd Barrett

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Richard Boyd Barrett: ...Government promised already delivered, in terms of various initiatives, schemes and legislation, the net impact on the chronic level of unemployment is 1%. The unemployment rate has dropped from 15% to 14%. That is not a success story. Indeed, emigration probably accounts for most of that reduction. Whatever about the arguments concerning what we have done to date, from now on we must...

Report on Offshore Oil and Gas Exploration: Statements (14 May 2013)

Richard Boyd Barrett: .... I do not understand how he has flipped to the degree he has from the position he once held. Let us be clear and dispel some of the myths about the current regime. The State will not receive 25% tax from the development of gas and oil resources and it will certainly not receive 40%. It is more likely to be around 7%. Where does that come from? The CEO of Enterprise Energy, the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2013: Committee Stage (6 Mar 2013)

Richard Boyd Barrett: That confirms the estimate of the cost we included in our pre-budget submission of removing the universal social charge from those earning under €65,000. We said it would cost €2.5 billion which is slightly higher than what the Minister is suggesting, although I thank him for the confirmation. However, we also pointed out that by putting extra taxes in whatever form - the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements: Motion (12 Dec 2012)

Richard Boyd Barrett: No. The Minister must be kidding. The table, which I will provide for him if he wants it, shows people earning €4 million and €5 million at the top rate will pay an effective rate of 62% and people on €100,000 will pay an effective rate of 33%. If we have a sliding scale going from one to the other we can raise €2.5 billion. I will show the Minister the table.

Prospects for Irish Economy: Statements (Resumed) (25 Oct 2012)

Richard Boyd Barrett: Yes. A 2% wealth tax on the top 5%, excluding the family home and over a threshold of €1 million, would raise approximately €3.2 billion.

Written Answers — Department of Finance: Tax Collection (16 Oct 2012)

Richard Boyd Barrett: ...of profits made by companies registered here in 2011; and the total amount of tax paid and to break down the profits and tax paid into bands starting from €0 to €100,000, €100,000 to €500,000, €500,000 to €1 million, €1 million to €5 million, €5 million to €20 million, €20 million to €100 million,...

Fiscal Responsibility Bill 2012: Second Stage (Resumed) (10 Oct 2012)

Richard Boyd Barrett: In addition to dealing with the €3.5 billion deficit by taking €35,000 in taxes from the richest 5% in our society, which would still leave them very rich, we need money for a stimulus investment programme. One cannot have jobs or recovery without such a programme. Where would one raise the funding for it? From the corporate sector, which is creaming it in profits and pays an...

Fiscal Responsibility Bill 2012: Second Stage (Resumed) (10 Oct 2012)

Richard Boyd Barrett: ...incidence of suicide is increasing, as is homelessness, housing lists are lengthening and people must look forward to paying hundreds of euro more in property and water charges and a further €700 million in cuts to the health service, which the Government promised the troika it would deliver in the budget. In recent weeks, a major crisis arose as a result of additional cuts of...

Written Answers — Department of Finance: Tax Collection (3 Oct 2012)

Richard Boyd Barrett: To ask the Minister for Finance if he will provide the latest figures on income tax in tabular form in bands of €10,000 ranging from €0 to €5 million; the gross income in each band; the numbers in each band; the percentage of total numbers in each band; the average income in each band; the income tax paid in each band; the universal social charge paid in each band; the...

Microenterprise Loan Fund Bill 2012: Second Stage (Resumed) (28 Jun 2012)

Richard Boyd Barrett: ...Bill is only a small drop in the ocean, covering up the much bigger crisis and will not address in a substantial way that crisis. The lending capacity of the fund provided for in this Bill is €90 million. For the small and medium enterprises that get loans from this fund, any amount will be welcome. However, we should look at this €90 million in the context of a situation where we...

Official Engagements (8 May 2012)

Richard Boyd Barrett: ...are there always excuses as to the reason one cannot tax the wealthy, the speculators, the bankers and the bondholders, as would a financial transactions tax? Even a rate of 0.1% would raise €500 million, while a rate of 1% would raise €5 billion. The Taoiseach states it is too complex to do that, there are so many excuses for not doing it, every reason under the sun, but it is not...

Budget Statement 2012 (6 Dec 2011)

Richard Boyd Barrett: ...were nearly 2,000 winter-related deaths among the elderly last year. The cut in the fuel allowance means more people will die. To cut the capitation grant for schools by 6% between now and 2015 is shameful when we hear pious words about children being our future and investing in education. To hit lone parents, when every study shows that lone parents in our society suffer...

Financial Emergency Measures in the Public Interest (Amendment) Bill 2011: Second Stage (29 Nov 2011)

Richard Boyd Barrett: Our proposal is simple and does not relate to private residences, it is limited to assets worth more than €1 million and not to farm assets worth less than €5 million. As I pointed out to the Minister, the financial assets make up approximately one half of the figure of €131 billion to which I referred and the figure is rising. These assets have risen significantly in recent years....

Finance (No. 2) Bill 2011: Second Stage (24 May 2011)

Richard Boyd Barrett: The centrepiece of the Bill is the pension levy. It is outrageous and economically stupid that we should attack the pensions savings of 750,000 workers and 65,000 pensioners, who are already struggling under the impact of the current crisis, and that this attack should take place to fund a jobs initiative that will do next to nothing to deal with the unemployment crisis and may significantly...

Public Transport (20 Apr 2011)

Richard Boyd Barrett: ...to do so. While I accept the IMF stuff, I do not accept the rationale behind paying off bankers, etc. I have made a serious proposal. I ask the Minister to ask the Taoiseach not to spend €25 million or €30 million on-----

Universal Service Charge: Motion (Resumed) (30 Mar 2011)

Richard Boyd Barrett: ...of other people have said. Some of the facts about the USC are truly shocking. The UNITE trade union, using the Deloitte tax calculator, unearthed the fact that those who earn more than €1 million per year will be €24,000 better off as a result of this charge, while ordinary working families will lose hundreds. The ESRI estimates that there will be no wage growth in the economy next...