Aideen Hayden (Labour) | Oireachtas source

I also wish the banking inquiry committee well in its endeavours. The inquiry starts this morning.

I wish to comment on Professor Thomas Piketty who has published a landmark study of history and the dynamics of inequality in economies. He will speak at the Think-tank for Action on Social Change, TASC, economic conference tomorrow at Croke Park. He has called for amendments to property tax in Ireland and suggested it should be redesigned so as to be based not on the gross value of properties but on the net value to owners, in other words, after the amount of any mortgage or other debt on property has been taken into account.