Dáil debates

Tuesday, 31 May 2022

Rising Food Prices: Motion (Resumed) [Private Members]

 

8:10 pm

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

That is what it is about. One can look at any sector, but that is what we have to address. My God, even Boris Johnson has, under pressure, been forced to acknowledge this point at some level and introduce a windfall tax on the profits of energy companies that are making a fortune. In the past week, Oxfam produced a report showing that if we put a 1.5% tax on everyone in this country who has more than €4 million in wealth, we could raise €5 billion annually.

My God, would that not do a lot to protect ordinary people from the rising cost of living to deliver affordable housing and so on? I think it would.

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