Tax energy companies' profits to help with cost of living crisis, says think-tank | JOE.ie

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Are you in favour?

"As society has emerged from Covid, so it has happened that another shock has beset Ireland," notes the report's introduction.

One way to address the problem? Urge energy companies to contribute. A TASC spokesperson suggests that the impact of the cost of living issue as pertains to the profits of energy providers to the Irish market is currently unknown."What is known is that the earnings of energy companies tend to track energy prices. Globally and in Europe, energy stocks have soared, and it is likely that the earnings of Irish energy providers have done well, too.

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Tax the f’n churches. Religion is about caring & sharing.

They're not exempt from tax . And if directly involved in mining or petroleum etc they're taxed at the higher rate of 25% already🤦‍♀️🤦‍♀️

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