Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Yes, we will move on to that later, whereas what we are focusing on here relates to the distribution of income. In that context it is worth making the point that the latest data available to the OECD showed we had the largest absolute reduction in the Gini coefficient between market and disposable income for any OECD country for which data were available. We do have a way of intervening in terms of the allocation of income within the country, which is a combination of a redistributive social welfare policy and a progressive tax code. That means we do handle those matters and make progress on them in a better way than Deputy Boyd Barrett acknowledges. There will be many other ideas in terms of a wealth tax and other issues proposed by Piketty to which Deputy Boyd Barrett will return in the Finance Bill.

As I have said, I cannot accept the amendment.

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