Finance

Report of the Expert Group on the Judgment in A, B and C V Ireland

The Government acted on its commitment in the programme for Government to establish an expert group on the judgment in the A, B and C case. The expert group published its report only shortly after an unfortunate young woman passed away in a Galway hospital. I welcome the Government's commitment to make a decision before the Christmas recess on what action it will propose to take on foot of the report. I also welcome the decision by the Joint Committee

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Raised the Financial Transaction Tax in the Finance Committee

"We seem to get half-truths from both sides on the financial transaction tax rather than the full picture. As an elected parliamentarian I am keen to get the information rather than a piece of information that suits one particular side of the argument. What was said today appears to be a partial truth because it does not equate with the contribution we make to the EU and the reduction in the budget" http://youtu.be/haXzr-gI04w   I would like

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Bank of Ireland should gift Grattan’s Parliament to the people of Ireland

At yesterdays Joint Oireachtas Committee on Finance, Public Expenditure and Reform I challenged Bank of Ireland chief executive Mr. Richie Boucher on their intransigent position regarding the return of Number 2 College Green (Grattan’s Parliament) to Irish State. The building was the first purpose-built parliament house in Europe. Completed in 1739 it served as Ireland's Parliament until the Act of Union in 1801. When Bank Of Ireland purchased

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Betting Bill due in Autumn 2012

One of the laws due to come through the Dáil this autumn is the Betting (Amendment) Bill 2012. There is currently a tax of 1% on off-course betting income. This applies to any bet placed in a bookmakers but not to bets placed at a race track with the Tote. Recently, the rise of online betting due to better internet access and smart phones has resulted in a loss of money to the State. The money raised from the betting tax is reinvested into the horse

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CEO of Permanent TSB appearance before the Finance Committee

Following my invitation request, tabled in May. Permanent TSB CEO Mr Masding appeared before the Joint Oireachtas Committee on Finance on Wednesday 18th July 2012. http://www.youtube.com/watch?v=kOhX_HTH_Rs&feature=plcp Full transcript of Mr. Jeremy Masding appearance before Joint Committee on Finance, Public Expenditure and Reform can be found here    

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Investment Stimulus Package

The €2.25 billion Investment Stimulus Package that Minister for Public Expenditure and Reform Brendan Howlin announced in July is an important component in our Strategy for Economic Recovery. This ambitious economic stimulus package will create up to 13,000 jobs in the construction sector and give much need boost to the economy. The measures include the approval of a new campus for Dublin Institute of Technology at Grangegorman, a Gardá Divisional

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Personal Insolvency Bill

I welcome the introduction of this broad and comprehensive Bill and I want to thank the Minister, his officials and also the members of the Justice Committee for their painstaking work on it. This is a complex and radical reform of our bankruptcy laws and forms one part of the many solutions that we are working on to deal with the problems of unsustainable mortgage and personal debt that affects households across the country and acts as a drag on

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Finance Bill 2012

I’d like to thank the Minister for bringing forward a comprehensive and wide-ranging bill.   http://www.youtube.com/watch?v=-lGjLJMOWOg It addresses a huge number of issues, and has at its heart efforts to make Ireland more competitive and also fairer. More could be done on this, but significant strides have been made including lifting over 300,000 people out of the tax net by increasing the exemption threshold for the Universal Social Charge.

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