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Wallace, Mick

Thursday, 6 November 2014

Dáil Éireann Debate
Vol. Nbr.

Finance Bill 2014: Second Stage (Resumed)

The Minister for Finance stated that Ireland has the fastest growing economy in the European Union. He did not give much context or detail on what this means and there was no question about whethe...More Button

The markets like us to show growth in order to restore their confidence in us. This is what the Government is aiming for, regardless of the cost. Its policies are very much market driven. Duri...More Button

The Minister, Deputy Noonan, is a bright and able individual. I like him, although I do not agree with him. He makes his arguments very well but so do people like Mr. Michael Taft. I would lik...More Button

Finance Bill 2014: Second Stage (Resumed) (Continued)

The Minister, Deputy Noonan, told us that Ireland already has one of the most progressive income tax systems in the developed world. In 2015, he said, the top 1% of income earners will contribut...More Button

The tax system is progressive only to a point, with increases in taxation flattening out after the €70,000 plus mark. Once one joins the top 10% of earners, the more one makes the less one pays ...More Button

When it comes to the crunch, playing around with the income tax percentages, as this budget does, is something of a sideshow. The real issue is the massive cuts in investment and expenditure on ...More Button

Even our masters in the IMF have changed their tune a little of late. In a recent report, entitled Redistribution, Inequality and Growth, the IMF challenges the notion that policy makers must ch...More Button

The Minister, however, pointed out that EU rules prevent him from borrowing serious amounts to invest in infrastructure and that including such investment on the books would mean we would not mee...More Button

Public Service Contracts

Asked the Minister for Public Expenditure and Reform: the criteria and the measures undertaken for the awarding of public contracts, with regard to ensuring that indigenous Irish companies receive fair access to this valuable work; and if he will make...More Button

Public Procurement Contracts

Asked the Minister for Public Expenditure and Reform: if he is satisfied that the system of awarding public contracts allows indigenous Irish companies fair opportunity in the tender process; if he has planned any particular initiatives that will help...More Button