Seanad debates

Wednesday, 22 March 2017

10:30 am

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I thank the Cathaoirleach. A TASC report, based on Government figures, shows that 10 % of the population now own 54 % of the wealth in this country, up from 44 %. We have a crisis in income inequality. It is something that we do not talk about enough. These figures are scandalous. They contrast with the ten cent increase in the minimum wage this year. We need to have a debate about this. Ultimately, it is an issue for Government policy in terms of how we redistribute and tax wealth. I ask the Minister for Finance to come in and have a debate on that topic.

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