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

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Finance Bill Could Turn Commercial Property Bubble into next Crash

Finance Bill Could Turn Commercial Property Bubble into next Crash

Analysis by Stephen Donnelly TD, released today, provides new evidence that Dublin is in the throes of a new bubble in commercial property. This means higher rents for businesses across the capital, which are increasingly being paid to institutional foreign landlords who will now be able to operate in Ireland tax free. It means higher...
Budget 2016 is Politically Clever, Economically and Socially Dumb

Budget 2016 is Politically Clever, Economically and Socially Dumb

What do you say to a government that’s just announced a budget straight out of the Fianna Fáil playbook? What do you say to a government that’s giving back nearly €1,800 a year to people earning €175,000, while increasing spending on healthcare by just €18m (that’s one tenth of one percent of the healthcare budget)....
The Banking Inquiry Requires Us to Overcome Our Own Political Catch 22

The Banking Inquiry Requires Us to Overcome Our Own Political Catch 22

Holding the banking inquiry in year five of this Government means a lot of relevant information is coming to light too late. Nonetheless, testimony in recent weeks points to big lessons we can and must still learn. The challenge is overcoming our own political Catch 22. And the public nature of the inquiry might just...
We Need a Solution to Housing Crisis

We Need a Solution to Housing Crisis

There’s been so much talk about a housing crisis in Wicklow, that for many, it’s probably fading into the background noise. But imagine this – you’re living in your home and have been paying your mortgage for years. You have two beautiful children, who are doing well in one of Wicklow’s many fantastic schools. Your...
So, Have We Learned Nothing from the Crash? It Seems So

So, Have We Learned Nothing from the Crash? It Seems So

Last week the Irish Financial Advisory Council, IFAC, sounded warnings that Fine Gael/ Labour are slipping rapidly into the old Budgetary habits of Fianna Fail. Having lived through the consequences of what short-term, technically incompetent fiscal management can do to a country, this should set off alarm bells for every man and woman in the...
Full Commission of Investigation Launched into IBRC

Full Commission of Investigation Launched into IBRC

A full commission of investigation is to be launched into the handling of certain transactions by IBRC. This follows significant pressure on Finance Minister Michael Noonan in recent weeks as a result of a number of concerns raised by Deputy Catherine Murphy into the sale of Siteserv. I and other members of the Opposition have...