The Deputy voted against cutting the excise, full stop.

I do not want to interrupt the united Opposition. To be clear, there is only one Deputy currently in the Chamber who voted against the financial resolution to cut the excise duty in the first place. His name is Deputy Pearse Doherty. Let the Dáil record show that Deputies Cian O'Callaghan and Neville, the Cathaoirleach Gníomhach and I all voted to reduce the excise duty but Deputy Doherty decided not to because he wanted to play party politics. He is now deciding that he wants to unilaterally run the Government fro…

The Deputy should not worry. The Government has-----

The Government has an ability to respond. The Deputy knows that.

What I am announcing is that the days of the Deputy coming into this House and trying to shout people down and bully them are over. I am speaking and the Deputy stood up and interrupted me. The situation is very clear. Let the people at home who are worried about their bills know that there is plenty of time before this Dáil goes into recess to make informed, evidence-based decisions. This Government acted to help people while the Deputy played party politics to rile people up. It has not worked.

I thank the Deputy for the question. The Programme for Government: Securing Ireland's Future contains specific undertakings with regard to personal income tax. It commits to implementing progressive changes in taxation if the economy remains strong, including indexing credits and bands to prevent an increase in the real burden of income tax while, in the event of an economic downturn or unexpected deterioration, there will be postponements to income tax credits or bands, as there were in budget 2021. To ease the bu…

I appreciate some of the Deputy's comments about the challenges that exist. We live in a country where one third of people pay no income tax or USC. When we talk about progressivity we have to acknowledge that fact. We can argue about whether it is a good or bad thing, but approximately one third do not pay any income tax or USC. That has to be factored into any comments on progressivity. Second, the entry point to the higher rate of tax is still too low. I think it was €33,000 in 2015. It is now €44,000. It is sti…

Another Thursday, another emergency budget. We cannot keep having calls for emergency budgets and mini-budgets every week. Come on. We just cannot. Will the Deputy please read the analysis from the Irish Fiscal Advisory Council and the Central Bank? To look for another budget every week-----

The Deputy is doing it again. The budget will be in around 100 days' time. We need to get into an annual budget cycle. We should have a good, decent, robust debate about what the best composition of that is. I look forward to that very much, but we have to stop with this idea of an emergency budget. We have to run the country in a sustainable way. We should not look at how we assist people purely through the tax system. When the Deputy talks about lower income people, he leaves out of the analysis the social welfar…

The Deputy is dismissing it.

Apologies.

The good thing about this country is that we have elections. We had two recently and the Deputy went to Galway extensively - he was there a lot - and told people to send Fine Gael a message, back the Sinn Féin emergency budget and vote for the Sinn Féin candidate and Sinn Féin lost the election, badly. In Dublin Central, the Sinn Féin leader's constituency, it lost the election badly, because people do not believe in this sort of divisive politics, where only Sinn Féin represents hard-working people. Who the hell d…

I thank Deputy Neville for the question. The programme for Government contains commitments on personal income tax. We have been clear that if we saw a significant economic deterioration, we would not be able to proceed with personal income tax measures, but I am pleased to inform the House and the Deputy that we will be in a position this year to deliver a personal income tax package. It is more important, quite frankly, than it has been in a long time. The cost-of-living challenge cannot be dealt with solely throu…

I thank Deputy Neville very much. To be helpful, we will see the tax strategy group papers published in the coming weeks and there will be the annual income tax paper from that group, which will set out information on the adjustment of income tax standard bands, including the estimated cost to the Exchequer. These publications are all based on the Revenue ready reckoner and are useful for all of us in this House to determine the different costs of different things. Based on Revenue's post-budget 2026 ready reckoner…

I agree with Deputy Neville. Sometimes, we have debates in this House on taxation measures versus spending measures but it is not an either-or situation. We can help people through the income tax system and we should, for all the reasons the Deputy outlined, and will do that. There are also other issues the public want to see us make progress on with respect to the structural costs they face in their lives, whether it is the cost of the energy bill, childcare, access to disability services or the cost of education.…

I genuinely look forward to any discussion of how we do better and do more on this area, which is really important and of growing concern. It is important to note responsibility for various aspects of legislation and policy on combating money laundering, countering the financing of terrorism and the financing of weapons of mass destruction falls across a number of Departments, including mine as well the Department of Justice, Home Affairs and Migration, among others. Notwithstanding this whole-of-government approac…

It is a fair point. We have published an action plan with the 30 actions and the reporting structure every six months as well. We have to ensure that is adequately resourced. There are associated resource implications that arise from changes to Ireland's anti-money laundering and countering the financing of terrorism, AML-CFT, regime due to the sixth anti–money laundering directive and also increased requirements from the Anti-Money Laundering Authority, AMLA. In recent Government discussions we highlighted some of…

It is a fair point to which I will seek a decent answer for the Deputy. I will come back to him in writing on it. I am concerned about the issues relating to crypto and some of the issues the Deputy has highlighted. I will get specialist advice as to our level of satisfaction that the actions are robustly dealing with them, or not. I am also concerned about other recent developments we have seen in this country, including the recent examination of developments that we saw around a recent by-election. I asked my off…

I thank Deputy Doherty for the question. The Department received a wide range of proposals in relation to the State’s banking investments over the years, as the Deputy will be aware. As part of their normal functions, officials explore and assess such proposals. On 5 September 2025, the Department received a non-binding and indicative proposal in writing from Centerbridge Partners to acquire the Minister's stake in PTSB. The Department was of the view that the indicative proposal undervalued the Minister’s stake in…

I am informed by my Department that there was one non-binding, indicative proposal received on 5 September 2025 from Centerbridge Partners to acquire the stake in PTSB. When the indicative proposal was received by the Department, it was assessed. The view was rightly taken that it did not adequately reflect the value of the State’s shareholding in PTSB. The proposal was not pursued and, instead, the formal sale process was subsequently undertaken by PTSB in an open, competitive and transparent manner, which allowed…