Dáil debates

Thursday, 5 October 2023

Ceisteanna Eile - Other Questions

Tax Yield

11:45 am

Photo of Paul MurphyPaul Murphy (Dublin South West, RISE) | Oireachtas source

I agree about providing for the future. However, providing for the future means getting off the current tax haven model. It is not a sustainable model because we can be undercut by anybody else. Onshoring could happen in the US. At a certain point in time the corporate tax revenue will collapse. The question is now, to use the revenues that we have to invest, to have public investment in the key challenges we face in terms of the housing crisis and the climate crisis. The Minister wants to have a debate about why we are in the position we are in today. Absolutely, I want to debate how it is that we are one of the richest countries in the world in GDP per capitaterms and yet one in ten families is reliant on food banks to feed their children. How do we have almost 4,000 children homeless in this State? How are we missing all of our inadequate climate targets? How is that? The answer is because the Government is run in the interests of very few, those at the top, those who pay very little tax in percentage terms.

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