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multibillionaire data centre companies have to pay. Energy company profits are through the roof and yet the Government refuses to introduce a windfall tax. Profiteering and price gouging must not continue to go unchecked, and energy companies must be held to account. Just like in the aftermath

reductions and use the savings to provide for indexation of income tax bands and credits, backdated to January 2026; — introduce a windfall tax on energy profits to fund targeted energy credits and social welfare supports, including a summer bonus double payment; — provide a one-off €100 grocery supplement … these measures to help working families to make ends meet. The increased revenue will be drawn from a windfall tax on energy companies, which seem enjoy record profits every time there is an oil crisis. The rest of the money will come from a reversal

profits in 2026. These profits are coming straight out of the pockets of the public who are paying higher prices. These are windfall, unearned war profits. They must be subject to a significant windfall tax. That tax can be used to offset the huge cost to ordinary workers

February 2022 and the energy crisis that followed, the Labour Party was the first party to call for a windfall tax on the gross and excessive profits that were being made by energy companies. It took the Government a year and a half … Before the Government gives out that we only ever want to spend, spend, spend, the credits would be funded by the windfall tax on energy company profits and the other measures that my colleagues have outlined. The Government cannot dither on this again. I hope the Minister

other options. It had progressive options. It could do what we are proposing in this mini-budget and introduce a windfall tax on the energy profits of big companies, ensure that we have a real retrofitting revolution, ensure that households receive supports to fund the rollout of solar

real powers to hold companies to account, to tackle price-gouging, to improve transparency and to prioritise affordability. If energy companies are not profiteering, they should have no problem proving it. Workers and their families are carrying an unfair burden while massive corporate energy users receive sweetheart deals … this House that deciding not to end energy rip-off is a political choice. Government could choose to impose a windfall tax on the eye-watering profits of energy companies. It could choose to introduce household energy credits but it has not. Sinn Féin has always chosen

privatise it. Other reasons have been given and I accept there are other factors, but one is that because it is privatised, profit-making actions are taken by the companies generating electricity. We need to get into our heads that this has happened. Mortgages … game. We need to look at those households that have an income under €75,000 a year. The Government should bring in a windfall tax on the large energy companies. There are good examples across Europe of where that is happening. We need to reverse the VAT cuts

Finance the action he will take in light of the AccelerateEU communication where the European Commission confirmed that member states can tax windfall profits of energy companies to ensure social fairness; and if he will make a statement on the matter. [33798/26

asked the Tánaiste and Minister for Finance if the Government supports the introduction of additional EU wide windfall taxes on oil and petroleum companies which have recorded significantly increased profits during the ongoing international energy crisis; if Ireland is participating in, or supporting, discussions at EU level

Department has assessed the extent to which increased profits among major oil and petroleum companies during the current energy crisis are contributing to higher consumer energy and fuel costs; if consideration is being given to additional windfall taxation measures to support households facing significant cost-of-living pressures