Oireachtas Joint and Select Committees

Tuesday, 16 November 2021

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

Finance Bill 2021: Committee Stage

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

I move amendment No. 4:

In page 10, between lines 8 and 9, to insert the following:
“CHAPTER 3

Wealth Taxes
Reports
3. Within three months of the passing of this Act, the Minister shall lay a report before Dáil Éireann, on the amount of revenue that would be raised if he or she were to tax the top 5 per cent of households 2 per cent of their accumulated wealth less 1 million for a family home.”.

Since this is part of the same package of tax proposals, we have largely had the outlines of the discussion. Deputy Nash referred to the value of wealth, what it is, who has it and so on. The Central Bank quarterly report for the end of 2021 shows that net-----

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