Dáil debates

Wednesday, 19 January 2022

An tOrd Gnó - Order of Business

 

3:25 pm

Photo of Paul DonnellyPaul Donnelly (Dublin West, Sinn Fein) | Oireachtas source

This week Oxfam published a report on the obscene amount of wealth in the hands of just a few. Ireland has the fifth largest number of billionaires in the world relative to its population. The world's ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion. At the same time, the poorest workers and families in society have seen a drop in income. Those ten men now have six times more wealth than the poorest 3.1 billion people. Imagine, if we had a fair taxation system, what our health service, education and social welfare systems would look like. We could invest in climate change measures without hitting families and workers hardest. Has the Government any plans to introduce a genuine wealth tax?

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