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People cannot afford to pay for this Government’s haphazard handling of the cost-of-living crisis, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Figures released today by the Central Statistics Office (CSO) show there is no end in sight to the skyrocketing cost-of-living crisis. “Prices have risen a further 3.6 per cent in […]

Social media giants should not be allowed to make money from hosting fraudulent ads, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Research published this morning by the Central Bank showed that more than one in three people have been the victims of fraud, and almost two-thirds have lost money as a […]

It is completely unacceptable that poverty levels and enforced deprivation rates are rising for pensioners at a time when the Government has billions at its disposal, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Figures released by the Central Statistics Office (CSO) show that the consistent poverty rate for those aged 65 […]

The Spring Economic Forecast shows that measures to curb inflation are needed, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Resources must be prioritised in areas that will curb inflation and have a long-term benefit – such as accelerating the rollout of solar panels to reduce household energy bills. “These kinds of […]

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 […]

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 […]

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 […]

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 […]

It is inexcusable that more than 30 serving and former ministers have yet to commence a process to repay pension money that was overpaid to them in error, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Last year, it emerged that 34 serving ministers, and 39 former ministers, had been overpaid as […]

Former Finance Minister Paschal Donohoe must appear before an Oireachtas committee to answer questions about the government’s decision to provide an extra €10 million to the World Bank prior to him taking up a senior position with the international development organisation, according to Social Democrats TD Cian O’Callaghan. Deputy O’Callaghan, who is the party’s finance […]