Finance

ECONOMIC AND FISCAL POLICY PROPOSALS

28 January 2020

Fine Gael and Fianna Fáil’s manifestos lack any kind of serious determination to prevent another economic crash and they will both increase economic inequality. Fine Gael is proposing income tax cuts that will only benefit the top 20% and which will take €2.5 billion a year out of public spending on housing and health at … Continue reading Economic and Fiscal Policy Proposals

TAXATION DEBATE

21 January 2020

I appeared on ‘The Last Word with Matt Cooper’ for an Election debate on “Will We See Any Reduction in Our Taxes“. You can listen back to this debate here and below. Labour On Taxation… Now is not the time to cut taxes, with nearly 4,000 children in homelessness and hundreds of thousands waiting for … Continue reading Taxation Debate

RECORD TAX TAKE BUT GOVERNMENT IS FAILING TO SOLVE PROBLEMS

7 January 2020

The Government has taken in a record amount of tax in 2019. It is hard to contemplate this as the same Government has failed to manage investment in housing, health and public transport in any competent way. Notwithstanding a major announcement practically everyday, these announcements are making people despair that this Government cannot do the  … Continue reading Record Tax Take But Government is Failing to Solve Problems

REMITTANCES FROM IRELAND

2 December 2019

Following recent political commentary, and in the interest of establishing facts, I asked An Taoiseach to provide me with figures outling the remittances from Ireland, to countries around the world in each of the years 2016 to 2018 and to date in 2019. In response to my question, An Taoiseach said: “The Central Statistics Office … Continue reading Remittances From Ireland

THOUSANDS OF OVER 70’S BATTLING TO PAY MORTGAGE

26 November 2019

Thousands of old age pensioners are living in fear of vulture funds repossessing their homes; figures supplied to me by the Central Bank and the Minister for Finance suggest. Journalist John Drennan covered the story in the Irish Daily Mail and this can be read below. Thousands of Over 70’s Battling to Pay Mortgage Thousands … Continue reading Thousands of Over 70’s Battling to Pay Mortgage

OLDER PEOPLE GRAPPLING WITH MORTGAGE ARREARS

18 November 2019

Figures supplied to me by the Central Bank and the Minister for Finance suggest there are significant numbers of older people still paying off their mortgages; and even more significantly, a worrying number of these mortgages are in arrears. The Irish Times published an article detailing this, and it can be read here. They also … Continue reading Older People Grappling with Mortgage Arrears

AUTO-ENROLMENT PENSION SCHEME MUST REMAIN IN STATE CONTROL

31 October 2019

This morning, I appeared on RTÉ’s Morning Ireland to discuss the implementation of the long-awaited pension auto-enrolment scheme. The Government must ensure the newly announced pension scheme remains in State control, as I am concerned that privatising the scheme would lead to significantly higher charges and costs for workers. You can listen back to my … Continue reading Auto-Enrolment Pension Scheme Must Remain in State Control

ESRI SHOWS FINE GAEL AND FIANNA FáIL HAVE DELIVERED A REGRESSIVE BUDGET

11 October 2019

Today’s publication by the ESRI of their analysis of Budget 2020 confirms what was said on Budget Day – that Budget 2020 is regressive. It also highlights a potential issue with the figures presented by the Minister for Finance due to his reliance on compliance measures for €175m of revenue which are “inherently uncertain” and … Continue reading ESRI Shows Fine Gael and Fianna Fáil Have Delivered A Regressive Budget

BUDGET 2020: BREXIT BUDGET

8 October 2019

Brexit Budget fails to protect those on low and fixed incomes There will be a great deal of sadness, frustration and disappointment in hundreds of thousands of Irish homes tonight as older people in retirement and on pensions from the Department of Employment Affairs and Social Protection, carers and people with disabilities who rely on … Continue reading Budget 2020: Brexit Budget

LABOUR’S ALTERNATIVE BUDGET: WE CAN BUILD AN EQUAL SOCIETY IN BUDGET 2020

3 October 2019

Today (3rd October), the Labour Party launched our Alternative Budget for 2020. You can read my comments on it and download the document here. Our economy is in much better shape now than it was ten years ago and the tax returns yesterday confirm that. But this Government is not able to manage spending properly … Continue reading Labour’s Alternative Budget: We Can Build An Equal Society in Budget 2020