Seanad debates

Thursday, 16 June 2011

Finance (No. 2) Bill 2011 (Certified Money Bill): Committee and Remaining Stages

 

3:00 am

Photo of Thomas ByrneThomas Byrne (Fianna Fail)

We have an equation to which the answer is jobs. All of us want more jobs to be created. The Government believes taxing the pension pots of ordinary workers to give a tax break to large and small businesses will generate employment. However, the Minister of State is unable and unwilling to provide a figure for the number of jobs that will be created by this measure. If taxing ordinary workers to pay for tax breaks for business will lead to the creation of jobs, the Government has an obligation to inform us, on a regular basis, how many jobs will be created by this measure.

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