Oireachtas Joint and Select Committees

Tuesday, 23 March 2021

Committee on Budgetary Oversight

Pre-Stability Programme Update: Discussion

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I have asked most of my questions. On wealth distribution, I take Dr. Cassidy's point about property values and so on but has he any further comment on it? The figure I am aware of is that the wealthiest 10% has approximately 58% of all the wealth. Therefore, if there is a concentration of wealth in property and other areas as a result of Covid, does it follow that there has been a growth in inequality as a result of the distribution of wealth from Covid? Is this an issue that needs to be looked at?

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