Jimmy Harte (Labour) | Oireachtas source

Senator Cullinane, who has left the Chamber, called for a debate on a wealth tax, which I would welcome. I believe all parties are in favour of a wealth tax. The proposed property tax, which Sinn Féin does not support, is a wealth tax. I have read Sinn Féin's wealth tax proposals. I spoke recently to a young businessman from Donegal who has a couple of pubs in New York and told him of Sinn Féin's proposal, which is for a global tax. This means that a person resident in the Republic of Ireland who has property or assets in another country would be required to pay tax on them here also. He told me there was no way he would return to Donegal to set up a business in a country which would treat its diaspora so unfairly.