Seanad debates

Thursday, 10 December 2015

Finance Bill 2015: Committee Stage (Resumed)

 

10:30 am

Photo of David CullinaneDavid Cullinane (Sinn Fein) | Oireachtas source

I move recommendation No. 9:

In page 96, between lines 4 and 5, to insert the following:“69.The Minister shall, within nine months from the passing of this Act, prepare and lay before Dáil Éireann a report on options available for the introduction of a comprehensive asset tax otherwise known as a wealth tax, the report shall include options for the collation of data necessary for the assessment of such a tax, definitions of categories of wealth to be included in such a tax, proposals for the assessment and collection of the proposed tax and estimates of potential revenue raised at various rates of taxation.”.

I am sure the Minister has debated this issue several times in the Dáil with Deputy Doherty and many members of Sinn Féin. Every year when we present the Minister with his pre-Christmas present of our alternative budget, we include the hope that he might consider a wealth tax at some point.

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