Oireachtas Joint and Select Committees

Tuesday, 16 November 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2021: Committee Stage

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I move amendment No. 5:

In page 10, between lines 8 and 9, to insert the following:
“CHAPTER 3

Wealth Taxes
Reports

3. Within three months of the passing of this Act, the Minister shall lay a report before Dáil Éireann, on the amount of revenue that would be raised if he or she were to abolish the current Local Property Tax and impose a new Non Principal Private Residence Tax on an incremental basis as follows: (a) a second home tax of €1000;

(b) a 3 to 10 homes tax of €1500 per home; and

(c) an over 10 homes tax of €2500 per home.”

I have frontloaded a lot of my amendments in order to get this stuff in at the beginning.

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