Oireachtas Joint and Select Committees

Wednesday, 18 November 2015

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2015: Committee Stage (Resumed)

11:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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We can access that for the committee. I presume it is on the CSO's website. I am not criticising Mr. McWilliams. It was January 2015 and the lead-in time to the broadcasting of television programmes can sometimes be quite lengthy. As such, the data may not have been available when the programme was filmed. However, it casts a totally different light on the distribution of wealth in Ireland. Anybody who is pursuing the option of a wealth tax should remember that, on average, 48% of a household's gross wealth is the family home. We have already taxed the family home with the local property tax, a move on our part with which some of the Deputies do not agree.