Paul Murphy (Dublin South West, RISE) | Oireachtas source

The only good thing about Davos is the fact that Oxfam produces this report on a yearly basis to highlight the galloping inequality in the world, which has accelerated throughout the process of Covid when some big corporations made massive profits. The consequence of that galloping inequality is that in Ireland, the two richest people now have as much wealth - €15 billion - as the poorest 50% of the population. The number of super-rich people has doubled. Does the Taoiseach have a problem with that or does he just think that is the price of capitalism, that these people gather all the wealth but some of it trickles down? All the evidence suggests that the money is not trickling down. Instead, it continues to flood upwards but he is resistant to proper taxes on corporations or wealth taxes to try to use some of this revenue to benefit the majority in this society.

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