Oireachtas Joint and Select Committees

Wednesday, 5 November 2025

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

Finance Bill 2025: Committee Stage

2:00 am

Photo of Edward TimminsEdward Timmins (Wicklow, Fine Gael)

I have a very brief comment, sorry. The Minister said earlier that wealth has increased significantly, I think €1.1 trillion up from €400 billion was the latest figure, and that a large part of that relates to property. I guess property is perhaps 50% of that. I am not sure, maybe the Minister might have some estimate of that. Obviously it is a massive portion of the wealth that is in people's hands. I would like to point out we already have a wealth tax, in that we have a property tax.

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