The Oxfam wealth report published yesterday exposed the stark class divide that exists in society between billionaires, the wealthy and everyone else. Ireland's 11 billionaires have the same wealth as 3.5 million Irish adults combined. It takes them just seven hours to rack up the annual income of an average worker. Oxfam shows how a tax on the top 1% of the wealthiest people in the country could yield €1 billion a year. It is a no-brainer. Why not take from the super-rich, who can well afford it, to address the cost-of-living crisis for ordinary families? The Government refused to do it in the past but wealth inequality is still rising. Vital cost-of-living payments were cut in the budget, including the shameful cuts for disabled people. A sum of €1 billion would go a long way towards that. Will the Government stop dancing to the tune of billionaires, put ordinary people first and introduce a wealth tax?

Sentiment score: 0.15