Commitment

Introduce a tax on 'super wealth'

What this means

  • The Social Democrats promised in their 2024 general election manifesto to introduce a recurring tax on 'super wealth' or 'excess wealth' in Ireland.[source]
  • The tax would apply to net financial assets, meaning it would be charged on wealth above a certain level, with fair exemptions built in.[source]
  • This is a recurrent tax, meaning it would be paid regularly rather than as a one-off charge, targeting those with the highest levels of accumulated wealth.[source]
  • The commitment was first stated on 19 November 2024 and remains a promise only, with no confirmed delivery date set by the party.[source]
  • This matters for accountability because voters and watchdogs can track whether the Social Democrats push for this policy in government negotiations or future budgets.[source]

Direct impact (1)

Indirect impact (10)

Two-hop relationships traced through the entity above. Useful for spotting downstream knock-on effects.

  • owned by party → party member2-hop via social-democrats
    Aidan FarrellyOfficeholder
  • owned by party → party member2-hop via social-democrats
    Cian O'CallaghanOfficeholder
  • owned by party → party member2-hop via social-democrats
    Eoin HayesOfficeholder
  • owned by party → party member2-hop via social-democrats
    Gary GannonOfficeholder
  • owned by party → party member2-hop via social-democrats
    Holly CairnsOfficeholder
  • owned by party → party member2-hop via social-democrats
    Jen CumminsOfficeholder
  • owned by party → party member2-hop via social-democrats
    Jennifer WhitmoreOfficeholder
  • owned by party → party member2-hop via social-democrats
    Liam QuaideOfficeholder
  • owned by party → party member2-hop via social-democrats
    Pádraig RiceOfficeholder
  • owned by party → party member2-hop via social-democrats
    Rory HearneOfficeholder

Summary derived from the records cited above. Read the methodology to understand how this is generated.

Relationship map

One-hop relationships derived from the entity records. Click any node to follow the link.

Status

Promised

The Social Democrats committed to introducing a recurrent net wealth tax on financial assets, targeting 'super wealth' or 'excess wealth' with fair exemptions.

Attribution & links

Origin
Manifesto
Policy area
Finance And Taxation
Owning party
Social Democrats
Responsible body
Responsible officeholder
Linked mandate
First stated
2024-11-19
Last reviewed
2026-05-21

Evidence & sources

Every status claim above is backed by a primary source — follow a link to the source-of-truth document.

Evidence

Knowledge graph

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