Dáil debates

Tuesday, 19 November 2019

Finance Bill 2019: Report Stage

 

8:55 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I move amendment No. 13:

In page 32, between lines 13 and 14, to insert the following: "Report on wealth and higher incomes taxes

26. Within 6 months of the passing of this Act, the Minister shall produce a report on establishing a wealth tax and increased taxes on high income earners with view to achieving a more equitable distribution of wealth and income.".

Something most people do not know, because they do not feel it in their own lives, is just how incredibly wealthy this country is. Most people are struggling on their moderate or low earnings. They find it difficult to pay their bills and their rent, to pay for childcare and to put their children to school. Most people struggle.

8 o’clock

They would hope to imagine that the way in which the economic growth that they helped generate and is at record levels would equally benefit everyone who contributed to it. That is not what happens, though. They struggle when some others are getting very wealthy.

Given that I must now move the debate's adjournment, we will take that point up again tomorrow.

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