Gilmore, Eamon

Financial Resolution No. 5: Excise (Continued)

Very touching.

I move:

Financial Resolution No. 6: Income Tax

This resolution gives effect to the budget decision that top-slicing relief will no longer be available from 1 January 2013 on ex gratia lump sums paid to employees and officeholders in...

Financial Resolution No. 6: Income Tax (Continued)

We have heard some reasonable arguments today and some ridiculous ones. The minimum any Member of this House should do is at least read what is in the budget proposals before making a contribution...

I did not interrupt any Member of the House so I think I am entitled to have a minute or two to reply.

This measure is being introduced because it is unfair that people who receive a severance payment of more than €200,000 have had up to now a more favourable tax regime in respect of it. It is the ...

It is not the only measure which deals with the issue of pensions because there is also the elimination of the 4% more favourable universal social charge regime which the previous Government introd...

I move the following Financial Resolutions:

Financial Resolution No. 7: Universal Social Charge

(1) THAT section 531AN of the Taxes Consolidation Act 1997 (No. 39 of 1997) be amended—
(a) in subsection (1) by substituting the following for paragraphs (a) and (b):

Financial Resolution No. 9: Income Tax

The purpose of Financial Resolution No. 7 is to ensure individuals earning more than €60,000 per annum will be subject to the full rate of universal social charge. At present, individuals aged 70 ...

Resolution No. 8 relates to the specified rate used to calculate the taxable benefit to employees. Where an employee receives a loan from his or her employer at a rate below the specified rate, ...

Financial Resolution No. 9 confirms the level of health insurance premium that will qualify for tax relief under the tax relief at source scheme operated by the Revenue Commissioners will be the ...

Financial Resolution No. 9: Income Tax (Continued)

I do not know what we did at all before Deputy Donnelly was elected.

No, not us. The Deputy is wrong about that. The people who destroyed the country are sitting a lot closer to him. They destroyed the country because they pursued an economic policy which is clos...

Let us deal first with the issue of preparing alternative budgets. I and my colleagues spent 14 years in opposition from the time of the defeat of the then rainbow Government in 1997 until our re-...

That is confirmed in reply to a parliamentary question tabled by Deputy Spring last week. Coming in here at this late hour and offering us very erudite reasons it could not be done and one could o...

I regret that because it has also diminished the quality of the budget debate today. It means, for example, that Sinn Féin announced that it could raise €800 million through a wealth tax. However...

It also explains why we get proposals from Deputy Boyd Barrett who seems to think that the entire €3.5 billion budgetary adjustment can be made up by planting some additional taxes on multinational...

While some reasonable proposals have been heard, Members also have heard commentary in this Chamber, passing for critique of this budget, which has been positively ridiculous. To be frank, colleag...

They should not come into this Chamber with half-baked proposals half-worked out on the back of an envelope-----

-----where they cannot even be consistent from one year to the next.

I must reply to the questions on the particular resolutions. On the issue of the universal social charge, USC, and in response to Deputy Sean Fleming, the Government is eliminating a relief establ...

As for risk equalisation, the purpose of the risk equalisation scheme is to implement the Government's commitment to community rating, the purpose of which is to ensure that the permanent health ...

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