We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

The latest Central Bank report on household wealth and has led to calls for a level playing field. Alamy Stock Photo

Should Ireland have a wealth tax?

The richest 10% of households in Ireland hold almost half of the country’s wealth.

NEW FIGURES SHOW that the richest 10% of households in Ireland hold almost half of all the wealth in the country.

The statistic features in the latest Central Bank report on household wealth and has led to some calls for a level playing field though a so-called wealth tax – which his a tax on a portion of the total value of assets a citizen owns.

Labour TD and party finance spokesperson Ged Nash said he would support a new net wealth tax and a review of the current tax relief system, which he says currently favours the “better off”.

Today, we’d like to know, should Ireland have a wealth tax?


Poll Results:

Yes (5691)
No (4572)
No opinion (556)

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
120 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel

     
    JournalTv
    News in 60 seconds