Seanad debates
Tuesday, 14 October 2014
Budget 2015: Statements
3:40 pm
Michael D'Arcy (Fine Gael) | Oireachtas source
I welcome the reduction of the levy to 0.15% and that this will also be extinguished. I am always amazed by that figure and Senator Darragh O'Brien is correct to state that €2 billion was taken from people's pension pots. However, we chose to ignore that and commentators throughout the State chose to ignore a €2 billion deduction. However, as the Minister, Deputy Noonan, has stated, it was required to fund the 9% VAT rate, the retention of which I am glad to note. While there are so many areas on which I wish to comment, I wish to finish on the DIRT refund scheme for people who have the prospect-----
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