Seanad debates

Thursday, 16 June 2011

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

 

4:00 am

Photo of John GilroyJohn Gilroy (Labour)

I will be brief. It has been stated that the art of revenue raising is akin to plucking a goose, with the objective being to get as much down as possible with the least amount of hissing. The Opposition is determined that the goose will hiss loudly and, for the record of the House, I wish to correct one or two of the figures that have been suggested. While I do not like to mention Senator Byrne in his absence, Senator Jim Walsh mentioned sums such as €56,000, as well as €14,000 per year or €9,000 per year. Those figures would be accurate were the levy on the entire pension fund to become available on the amount of money that has been drawn down. It is not accurate to state it is the equivalent of €9,000 per year or €14,000 per year or €56,000-----

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