TD for Wicklow and East Carlow. Fighting for job creation, economic justice and political reform.

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In the Dáil
Fighting Double Taxation for Accidental Landlords

Fighting Double Taxation for Accidental Landlords

Some of you reading this are trapped in negative equity. You bought a small apartment around 2005. You paid a fortune in taxes on it. Today, you have kids, and the apartment isn’t suitable to raise your family in. So you need to move. But you can’t sell the apartment. And you can’t buy a...
Budget 2017 - Some Good, some Bad, Lots Missing

Budget 2017 – Some Good, some Bad, Lots Missing

The budget – Some good, some bad, lots missing, and sadly lacking in ambition. But tax avoidance in there, as is childcare, and special needs…here’s my contribution in the Dáil.
The Budget- What's missing and how do we pay for it?

The Budget- What’s missing and how do we pay for it?

The budget has some winners, but many losers – more in terms of lack of attention than explicit damage. Here’s a few minutes from the Dáil on what we should be doing – in education, the arts, and other areas – AND how we can pay for it.
Move to Close Loopholes on Tax Avoidance Still Full Of Loopholes

Move to Close Loopholes on Tax Avoidance Still Full Of Loopholes

The draft legislation published by Minister for Finance this week is a welcome first step, but it has more loopholes than a Swiss Cheese. Initial soundings suggest that the proposed amendment, aimed at shutting down tax avoidance by so-called vulture funds, might only stop about a tenth of what’s going on.
Who Owns Mars Capital?

Who Owns Mars Capital?

Mars Capital – the company that bought the mortgages of Irish families from IBRC at a 58% discount – is owned by a children’s charity. From Leaders Questions: “Last week I showed how a U.S. vulture fund structured its Irish subsidiary, Mars Capital, to avoid paying taxes in Ireland on its Irish profits. I now...
Where are IBRC Sale Profits Going?

Where are IBRC Sale Profits Going?

Two years ago, the government sold thousands of Irish mortgages to foreign funds. They refused to allow the mortgage holders bid on them. Some of those mortgage holders are now being evicted, by funds that bought their mortgages at discounts of c.60%. A look at the accounts for one of these funds suggests to me...