Seanad debates

Wednesday, 27 June 2012

European Stability Mechanism Bill 2012: Committee and Remaining Stages

 

1:00 pm

Photo of David CullinaneDavid Cullinane (Sinn Fein)

The Minister of State made a point about high earners and asked about where the money would come from. Recently, a Central Statistics Office, CSO, report showed that the disposable income of the top 10% of earners in this State increased last year whereas everyone else's decreased. This tells me that there is scope for people at the top to pay more. The mobility of wealthy people's capital was mentioned, but the people who are moving are the young unemployed. They are leaving this country because there is no leadership or employment thanks to the Government's policies.

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