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Fine Gael’s investment scheme amounts to a tax break for millionaires

Fine Gael’s investment scheme amounts to a tax break for millionaires, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Simon Harris and Fine Gael have shown their true colours as they roll out their latest scheme to allow millionaires dodge tax. “The rich and their accountants will make hay as they shift […]

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Latest inflation figures highlight urgent need for targeted energy supports

The latest inflation figures for the Irish economy further highlight the urgent need for the Government to introduce targeted energy supports to assist struggling households, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “The latest Harmonised Index of Consumer Prices (HICP) indicate that prices rose at an annualised rate of 3.6 per […]

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Government abandons low-income households reliant on home heating oil

There are vulnerable people, all over the country, who cannot now afford to turn the heating on The government’s energy support package does not sufficiently target supports to those who need it most and effectively abandons those low-income households who are reliant on home heating oil, according to Social Democrats deputy leader and finance spokesperson […]

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Wholly inadequate energy support package is deeply concerning

The government is using its own ineptitude as an excuse for its failure to roll out comprehensive targeted supports  Social Democrats deputy leader and finance spokesperson Cian O’Callaghan has expressed deep concern that the government response to the energy crisis is going to be wholly inadequate. Deputy O’Callaghan said: “It has taken this government nearly […]

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Government must introduce a €400 energy credit now

The government must introduce a targeted €400 energy credit to help people who are struggling with soaring energy prices, according to Social Democrats Finance Spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “The war in the Middle East is now in its sixth day and the price of oil and gas is continuing to skyrocket. The average […]

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Social Democrats officially launch Galway West by-election campaign

The Social Democrats have officially launched Míde Nic Fhionnlaoich’s campaign for the forthcoming Galway West by-election. The launch, which took place in the Harbour Hotel in Galway on Saturday, was attended by Social Democrats deputy leader Cian O’Callaghan TD, Sinéad Gibney TD, and Senator Patricia Stephenson, who is the party’s director of elections for Galway […]

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Ireland’s reliance on three companies for €13 billion tax take leaves State exposed

Over-dependence on a handful of multinational companies’ corporation tax leaves the State exposed to huge risk, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Last year, the Irish Fiscal Advisory Council warned that overreliance on unstable corporate tax revenues is reckless. “Today, IFAC has estimated that almost half of the corporation tax […]

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Latest government scheme adds further hurt to survivors of Stardust tragedy

Social Democrats TDs Cian O’Callaghan and Gary Gannon have criticised the government for announcing the latest Stardust redress scheme without any consultation with survivors. Deputy O’Callaghan, who is a TD for Dublin Bay North, said: “As we approach the 45th anniversary of the Stardust fire tragedy, the government has added further stress and pain to […]

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Ireland’s inequality crisis demands a wealth tax now

New Oxfam data exposes a level of inequality in Ireland that should shake this government out of its complacency, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Ireland’s billionaires have seen their fortunes surge to more than €46.7 billion, meaning 11 individuals are collectively earning more than 85 per cent of the […]

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