Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Committee on Budgetary Oversight

Post-Budget Analysis: European Anti Poverty Network

5:00 pm

Mr. Paul Ginnell:

We are looking at a number of elements, including a wealth tax. Another small area would be a financial transaction tax that has been recommended and which a number of European Union countries are considering. The key is not to reduce the tax base we have for now. Considering the deficit we have in our social infrastructure, reducing the current tax base would be a mistake. A wealth tax, a change to employers' PRSI and a financial transaction tax are some ideas.