Seanad debates

Saturday, 29 January 2011

Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed)

 

12:00 pm

Photo of Donie CassidyDonie Cassidy (Fianna Fail)

Yes, I accept the thrust of what the Minister said. I thank him for his response and his understanding of the capital allowance relief.

In response to Senator Alex White, I agree everyone should pay their fair share of taxes. Investors, however, are paying their taxes in advance. Up to 40% of the tax owed on products covered by such reliefs, such as health care or tourism products, is paid in advance. The priority of whoever goes into government after the general election will have to be jobs. In both of these sectors-----

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