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backs of customers and the Government is directly responsible for ensuring that does not happen. Yes, the idea or notion of a windfall tax is grand and is going in the right way but companies should not be making this windfall because it is hurting many people. Government

every €6 paid in tax comes from about ten firms in the country. The vulnerability around what we refer to as windfall tax receipts is real. We are highly exposed to any deterioration in the global economy and there are structural changes on the horizon that must

tax breaks for their pals in high places - the developers, landlords and bankers, all the usual suspects. There is no sign of a windfall tax to hit the bumper profits of the big energy companies, which squeeze every euro they can from their customers. They let them

tax deal poses a particular threat. Ireland, as a small, open economy, will be heavily exposed. There are risks, not only to our windfall tax corporation receipts but also to jobs and incomes. We need an alternative economic strategy. Donald Trump is not the only threat

that are coming in because, ultimately, we do not know exactly how long they will last. We have a situation where we have windfall taxes of up to €20 billion. We have a budget surplus of €9 billion or €10 billion. We know that if the situation changes

benefiting the most out of this energy crisis and giving the money back to those who are suffering the most through a windfall tax on the extraordinary profits of energy companies, but the Government has refused to do that. Families are on their hands and knees trying

income earners, despite the fact we have had years to achieve it. The Social Democrats brought forward a motion last week for a windfall tax to pay for those credits. In a time of abundance and a time of international unease - we all recognise what is happening

Department of Finance saying that loophole could be closed. The renters get a pittance again. There is no doubling of the rent tax credit as we called on the Government to do. Even though the Government knows that we have seen record numbers of people being unable … bills, there is no sign of energy credits being introduced again by this Government. There is also no sign of the windfall tax Sinn Féin and others are demanding to make sure the very companies that are ripping off those same customers are actually taxed properly. The priorities

Government that can find €750 million for sectoral supports while telling households to tighten their belts. They hear the Government's talk of tax breaks on wealth while they struggle to find the money to cover food and heating costs at the end of the month. That … name, why not bring forward a coherent package? Why not take the options that we have proposed, such as a windfall tax on excess energy profits of big companies; a renewables revolution to end reliance on fossil fuels; targeted energy credits for working households; and indexation of tax

available for tax measures will be the summer economic statement in July. That will outline how much we intend to put aside for tax measures. We can then start to have an informed debate about the best way to spend that money and the best policy options … much better to have a challenge than a deficit. I am conscious that some of that surplus is based on a temporary windfall tax and, therefore, a more appropriate use of it is to put it into our investment funds to deliver infrastructure and deal with future demographics

social protection payments, including an increase to the fuel allowance rate and an expansion in the eligibility, as well as a €400 income tax disregard for households involved in micro-generation, which was extended for a further three years until the end of 2028. The best … Council Regulation (EU) 2022/185. Ireland would engage constructively on the development of proposals from the European Commission on a potential EU-wide windfall tax or levy if such proposals are brought forward, as outlined by Deputy Whitmore. It continues to be the Government's view that tackling

level and try to move in concert. That is the position of the Government. We certainly have not ruled out acting on a windfall tax. We have said it would make sense that we do that at a European level. As the Deputy is aware, the European Commission … been agreed. The temporary solidarity contribution, TSC, was introduced in line with Council Regulation 2022/1854 of 6 October 2022 to tackle windfall gains being made in the energy sector at the time, following the commencement of war in Ukraine. The TSC formed part of a co-ordinated European

losses across all income groups, with the biggest cuts for the poorest 10%. The freeze on income tax bands and credits meant income tax increases for PAYE workers. This year's budget is another smoke-and-mirrors assault on already hard-pressed families. Energy bills are a huge … wolves. There are no energy credits in this budget, so there will be more hardship for families. Of course, there is no windfall tax for companies making obscene profits and paying executives gold-plated salaries. Most families across this country rely on a car to go to work

project in my own area. The ESB, which we must remember is majority State-owned, recently reported €377 million in profits after tax for the first half of this year. That is up more than 20% on last year. Its CEO is being handed a pay increase … responsibility to act. This is about political choices. It is about putting ordinary hard-working people first. The Government should introduce a windfall tax on excess profits, reintroduce the energy credits and reform the energy market. It is very simple. The money raised should all go directly

Government done? It has withdrawn energy credits, it has not put any cushioning in place and it has failed to index tax bands. That is before we talk about its slashing of VAT for Supermac’s, with zero evidence that it would help households. Far too many … Government had 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

Commission is not going to act on this then we, as a body politic, need to act here in Ireland. We need to tax these profits and redirect them to struggling households through targeted energy credits, a fund to help people who are in arrears and expanding retrofitting … Groundhog Day. We are effectively in the same position as we were when Putin first invaded Ukraine in 2022. If we imposed a windfall tax on the grotesque profits of these energy companies, we could pay for the retrofitting revolution we need. There is no point in having

Fine Gael's failure to increase tax thresholds and move the tax bands. PAYE workers and self-employed are now paying much more tax. The number of people in arrears on electricity has reached crisis point. People in rented accommodation are really struggling because rents … 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

families first, protects pensioners from rising prices, and responds to the cost-of-living crisis people are living with right now. On tax, it fails the test. On pensions, it fails the test. On the cost of living, it fails the test. That failure runs right through … asking ordinary Irish households to pick up that tab. Again, there has been no action. While workers and families struggle, there is no windfall tax on the enormous profits being made by energy companies ripping their customers off over and over again, and that shows the priorities

struggling? For the second year in a row, 1.5 million workers have been left behind. The Government wants people to celebrate a tax package that is worth, in effect, €250 for the year or about €5 per week. It is not even enough to cover the recent commuter … Ireland remains exposed to volatile gas markets. The Government did have choices in this budget. It could have reintroduced energy credits, imposed a windfall tax on excess energy profits, forced data centres to pay their fair share for the enormous strain they are placing on the grid

long-term basis. That is costing us a fortune. In March 2026, there was €250 million on a package of temporary fuel tax reduction supports. In April 2026, there was €505 million. Post-Ukraine, we had a €2.7 billion package in mid-2022 to tackle rising energy costs … Social Democrats have come up with, that would support people, but the Government is ignoring them. We have called for an energy windfall tax similar to what was implemented after the Ukraine war but I cannot see any advocacy for that at a European level. There are alternatives

operating within this framework when it could have put in place measures that could be in this Bill right now such as a windfall tax on energy companies, a levy on the banks or a levy on data centres that could fund a second tier of child benefit

Ministers for Finance or public expenditure and reform. That is absolutely disgraceful. Even more incredible, this budget contained no energy credits or windfall tax on energy companies, which the Labour Party proposed. It has nothing to help families who have seen their food shop cost spike year

exposed to soaring bills while energy companies rake in massive profits. Energy credits must be reinstated. They can be partly funded through a windfall tax on these excess profits. However, when I was debating this matter with the Minister for Finance, Deputy Simon Harris, last night, he once

same time, energy companies have been making extraordinary profit from the energy crisis. That is why we in Sinn Féin support a 75% windfall tax on those exceptional profits. Those companies should contribute to dealing with the consequences of the prices. Instead of filling the pockets of their

happy to support it. I have to be honest and say we would go a little bit further with our windfall tax. We think 50% of the profits of these companies should be taxed and this could raise €1.1 billion, which would go a hell of a long