Seanad debates

Friday, 28 January 2011

Finance Bill 2011: Second Stage

 

2:00 pm

Photo of Fiona O'MalleyFiona O'Malley (Independent)

In one way, I regret that is not the case because it would have required all Members to be honest about what they are offering the people. Fine Gael and the Labour Party were divided on the scale of the adjustment to be made this year with one proposing €6 billion and the other €4.5 billion. However, the Taoiseach and the Minister for Finance know it is in the country's interest and that of the next Government that the Bill be tidied up. It may be futile to ask Opposition Members to be more measured in their communications with the people.

Senator Alex White referred to the lack of trust and, more than anything, we need hope and honesty. The one way to demonstrate how people can trust politicians is if we engage with them honestly during the election campaign. It will be a difficult campaign, particularly for Fianna Fáil, but that does not mean we all do not have a responsibility to behave in an honourable way because this is about our country. The Minister had a go at Deputy Gilmore for saying he was opposed to everything but he will not reverse one measure if he gets into power. Let us not snipe at each other but let us be honest. If one is not prepared to reverse measures, one should not highlight them. As the Minister said, nobody likes to take money out of people's pockets but it has to be done. We have to curtail spending.

If the feelings Senator Donohoe outlined prevail in Fine Gael, there will be an opportunity for the new leader of Fianna Fáil, Deputy Martin, to seek a coalition between Fianna Fáil and Fine Gael. He has given a commitment that if he is in opposition in the next Dáil, he will honour the four-year plan, which is only right because he has to be coherent. If one is arguing in its favour when implementing it in government, one must surely believe in it when one is in opposition. This provides an opportunity to unite like-minded people who will put the national interest first. I would love to see that. I accept it is probably sacrilege to suggest that to Fianna Fáil members, whatever about the members of Fine Gael. Nonetheless, it is time for change and to do things differently. If the polls are to be believed it would be an interesting election campaign if that option were mooted because Fine Gael would have more of an influence over the next Government if it is in a position to offer opportunities to a smaller Fianna Fáil rather than a larger coalition partner. That is something else we should put into the mix if we wish to be honest about providing the best government for the country. Elections are about electing the best government. Let us keep all the options on the table.

Like other speakers I am disappointed that the regularisation of tax issues for those in civil partnerships has not been resolved. I have faith that it will be done quickly by the next Government.

Senator Boyle in particular objected to section 23. We must be careful about how we treat people. If, in imposing the measure we were going to drive people into bankruptcy, that would not be desirable. We need to think things through. I welcome the fact that an economic impact analysis will be carried out on the measure. We need to consider that because while there is no need for tax incentives on property we must be careful about how we withdraw them. I wish the Bill well. It is an act of extraordinary generosity on the part of the Government. I hope it is rewarded for that.

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