{"id":16682,"date":"2026-03-31T12:35:04","date_gmt":"2026-03-31T11:35:04","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/?p=16682"},"modified":"2026-03-31T12:35:04","modified_gmt":"2026-03-31T11:35:04","slug":"fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\/","title":{"rendered":"Fine Gael\u2019s investment scheme amounts to a tax break for millionaires"},"content":{"rendered":"<p>Fine Gael\u2019s investment scheme amounts to a tax break for millionaires, according to Social Democrats finance spokesperson Cian O\u2019Callaghan.<\/p>\n<p>Deputy O\u2019Callaghan said:<\/p>\n<p>\u201cSimon Harris and Fine Gael have shown their true colours as they roll out their latest scheme to allow millionaires dodge tax.<\/p>\n<p>\u201cThe rich and their accountants will make hay as they shift their investments around to make the most of this latest Government handout.<\/p>\n<p>\u201cThe cost of this tax break could amount to billions over years. But most people will ultimately be paying for these tax cuts and will never see the benefits &#8211; the families struggling to put food on the table; the pensioners afraid to turn the heating on; and the young people spending all their money on rent.<\/p>\n<p>\u201cThey do not have the luxury of investing thousands into shares. They do not watch their bank balances grow while they sleep. They pay income tax on their hard work and are now expected to subsidise tax breaks for investors.<\/p>\n<p>&#8220;Every euro wasted on these tax cuts is a euro that could have been spent helping those that need it most \u2013 the child with additional needs without a school place; the young family unable to find an affordable home; and the elderly patient left in pain while on a long hospital waiting list.<\/p>\n<p>\u201cThere is a price to be paid for these tax cuts and people who genuinely need help will be picking up the bill.\u201d<\/p>\n<p><em>March 31, 2026<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fine Gael\u2019s investment scheme amounts to a tax break for millionaires, according to Social Democrats finance spokesperson Cian O\u2019Callaghan. Deputy O\u2019Callaghan said: \u201cSimon Harris and Fine Gael have shown their true colours as they roll out their latest scheme to allow millionaires dodge tax. \u201cThe rich and their accountants will make hay as they shift [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":11218,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[278,88,7],"tags":[],"class_list":["post-16682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-finance","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fine Gael\u2019s investment scheme amounts to a tax break for millionaires - Social Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.socialdemocrats.ie\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fine Gael\u2019s investment scheme amounts to a tax break for millionaires - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"Fine Gael\u2019s investment scheme amounts to a tax break for millionaires, according to Social Democrats finance spokesperson Cian O\u2019Callaghan. Deputy O\u2019Callaghan said: \u201cSimon Harris and Fine Gael have shown their true colours as they roll out their latest scheme to allow millionaires dodge tax. \u201cThe rich and their accountants will make hay as they shift [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.socialdemocrats.ie\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\/\" \/>\n<meta property=\"og:site_name\" content=\"Social Democrats\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/socialdemocratsireland\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-31T11:35:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2025\/01\/Cian-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Officer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SocDems\" \/>\n<meta name=\"twitter:site\" content=\"@SocDems\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Officer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\\\/\"},\"author\":{\"name\":\"Press Officer\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/person\\\/70fcd60661593532616f9f91a0fb8db7\"},\"headline\":\"Fine Gael\u2019s investment scheme amounts to a tax break for millionaires\",\"datePublished\":\"2026-03-31T11:35:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\\\/\"},\"wordCount\":256,\"publisher\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Cian-2.jpg\",\"articleSection\":[\"Cian O'Callaghan\",\"Finance\",\"Press Release\"],\"inLanguage\":\"ga-IE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\\\/\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/fine-gaels-investment-scheme-amounts-to-a-tax-break-for-millionaires\\\/\",\"name\":\"Fine Gael\u2019s investment scheme amounts to a tax break for millionaires - 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