Oireachtas Joint and Select Committees

Tuesday, 15 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage (Resumed)

2:00 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source

We are opposed to the reduction in DIRT because it is clearly regressive. Those who will benefit are those who have money, which I do not begrudge them. This reduction will benefit sections of society that have larger amounts of money already saved. At a time of low-paid workers, underfunded public services, austerity taxes and so on I do not think it is appropriate to provide for a tax break that will benefit the better-off sections of society.

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