Oireachtas Joint and Select Committees
Wednesday, 19 June 2024
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
5:30 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Professor McMahon will be familiar with my party’s view. It is actually the most prudential party in the whole Oireachtas because it would pay for things by taxing profits and wealth, which has shot up. It is worth saying something not often said in these discussions, namely that corporate profitability has gone through the roof. Is that not an accurate statement? Net household wealth, which is clearly not filtering down to large numbers of ordinary people, has increased dramatically. Is that not true?
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