Seanad debates

Wednesday, 10 December 2014

Finance Bill 2014: Committee Stage

 

12:05 pm

Photo of Fidelma Healy EamesFidelma Healy Eames (Fine Gael) | Oireachtas source

We are talking about low paid people who earn €20,000 a year or €400 per week. They cannot get a credit union loan, buy a car or plan a family even though they are 39 to 41 years of age but they benefit, as we go into recovery, by just €3 per week. Therefore, the scheme does not really put money back into people's pockets. We are a long way from fixing the tax system but fixing it would be a means of helping people. My bottom line question is as follows. Will the Minister of State, as the junior Minister in his Department, request a root and branch review and reform of the tax system? We need to look afresh at how to fund the nation and have a fairer system.

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