Dáil debates
Thursday, 14 January 2016
Ceisteanna - Questions - Priority Questions
Tax Code
10:05 am
Séamus Healy (Tipperary South, Workers and Unemployed Action Group) | Oireachtas source
The Credit Suisse bank report shows the top 10% own 58.6% of wealth, while the top 5% and top 1% own 46.4% and 27% of the wealth, respectively. This concentration of wealth at the very top is extraordinary on any democratic basis. Moreover, the most affluent 20% in Ireland own 73% of the country's wealth, while the poorest 20% owned just 0.2%. The poorest 10% have negative wealth, while the combined wealth of the top 5% is nearly double that of the entire middle 60%.
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