Dáil debates

Tuesday, 9 May 2023

Ceisteanna Eile - Other Questions

Tax Code

9:30 pm

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

Greedflation is something that now, somewhat indirectly, even the ECB is acknowledging. We see it in energy and the price of food. This question is about whether it needs to be tackled, and we believe it does, in the area of vulture funds and banks profiteering off the hikes in interest rates. Is the Government willing to respond by imposing a windfall tax on those banks and vulture funds that have made super-profits from the interest rate hikes we have seen?

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