Dáil debates

Tuesday, 9 November 2021

Ceisteanna - Questions (Resumed) - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Tax Code

8:10 pm

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

During the past decade, corporate profits here have gone through the roof. I estimate there has been an increase of approximately 127% in corporate profits. Last year, net household wealth increased by €89 billion to a record €883 billion and more than 50% of that is in the hands of the richest 10% of the population. In the interests of justice, fairness and equity and to provide funds for public services and infrastructure, is it not time to introduce wealth taxes?

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