Dáil debates
Tuesday, 18 May 2021
Ceisteanna ó Cheannairí - Leaders' Questions
2:05 pm
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
The reality for the Taoiseach is that he caused this problem.
He caused this crisis and he is sustaining it. The reality is that, as a consequence of his policy, these investment funds come here. Not alone do they come here and snap up family homes from under the noses of home buyers but, in fact, his Government invests in these funds to the tune of hundreds of millions of euro. His Government's policy allows these funds, some of them the biggest residential landlords in the State. I will give one example. IRES, one of the largest residential landlords in the State, turned over €75 million in income from rental. It paid no tax. Not one cent of tax was paid on that. That is the Taoiseach's policy. That is what he has brought. That has brought hardship to people across the land. I asked him about these funds specifically because this needs to get sorted out. I invite him to stop the spoofing and the posing and to commit to the following: stamp duty at 17%, corporate tax on the profits on these big funds and residential landlords-----
No comments