Oireachtas Joint and Select Committees
Wednesday, 27 November 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance (No. 2) Bill 2013: Committee Stage (Resumed)
3:20 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Okay, trading in stocks and shares, which is largely gambling. It involves people who have money trying to make money not by doing any work but by speculating on how they can make unearned profit. I fundamentally and philosophically do not agree with that. This area needs to be taxed more and it is a destabilising factor in the global economy. I oppose it.
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