Seanad debates
Thursday, 26 February 2015
Order of Business
10:30 am
Maurice Cummins (Fine Gael) | Oireachtas source
The Senator cannot have it both ways. Fianna Fáil is a high tax party. The Government is trying to bring taxes down to keep our young graduates at home and to ensure they are not subject to the marginal tax rate at €32,800 or €33,800 this year. Hopefully, following the next budget, the threshold will increase again. That is the way to retain our graduates. Taxation is the reason many of them emigrate.
Senator Gilroy rightly pointed out that emigration figures are way down on previous years and long may that continue. Emigrants are returning from Australia and now companies are going to Australia on recruitment drives to bring Irish people back.
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