Crunching the numbers for a wealth tax

Debt falls and household assets rise.

Barry J Whyte

Chief Feature Writer @whytebarry
21st September, 2014
Ireland’s household wealth is growing again.

Ireland’s household wealth is growing again, but the data the government needs for a wealth tax proposal won’t arrive until after the budget.

Central Bank figures released earlier this month showed that the total figure of Irish household assets increased by nearly 1 per cent in the first quarter of this year. It’s the seventh quarterly increase in overall household assets.

At the end of March, Irish households held assets...

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