Dáil debates

Wednesday, 5 December 2012

Financial Resolution No. 9: Income Tax

 

7:15 pm

Photo of Pádraig Mac LochlainnPádraig Mac Lochlainn (Donegal North East, Sinn Fein) | Oireachtas source

I welcome Financial Resolution No. 7. However, it is really disappointing what has happened in this respect in that, clearly, Fine Gael won the battle in the debate in terms of the wealthy paying their fair share.

My party put three proposals to the Government, as the Tánaiste and Minister for Foreign Affairs and Trade, Deputy Gilmore, will be aware. The first was a 1% tax on assets worth more than €1 million that would have yielded €800 million.

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