April 27, 2020
Archibald calls for introduction of Windfall Tax

Sinn Féin’s Economy Spokesperson, Caoimhe Archibald MLA, has written to the British government calling for the introduction of a Windfall Tax on several multinational giants making super-profits as a result of the COVID-19 crisis.

The East Derry MLA took the initiative following the announcement of soaring share prices and subscriber figures for multinational giants such as Amazon and Netflix.

Caoimhe Archibald MLA said:

“I have written to the British Chancellor to call for the introduction of a Windfall Tax on the profits of those multinationals and large corporations who have made substantial profits as a result of the COVID-19 crisis.

“Several large companies such as Amazon, Netflix, and large food retailers have enjoyed a significant increase in their profits as a result of the lockdown.

“These profits should be taxed, and the revenue raised should be used directly to deal with this public health and economic crisis.

“In fact, several of the companies concerned are taxed very little anyway due to their exploitation of a complex network of tax loopholes. The British government must seek to collect all corporate tax as a matter of urgency.” 

Follow us online

Latest Tweets

Gardaí must be given all necessary support to end scenes of intimidation at Malahide Road – Pa Daly TD

"This is a community under attack from people determined to spread fear and hate. The community wants the mindless violence to stop immediately."

There are serious questions to be answered about the use of Shannon Airport. We're talking about potential complicity in Israeli genocide.

The time has come to impose sanctions on Israel's regime, which has been responsible for the deaths of up to 185,000 people @Farrell_Mairead

Cllr. Mícheál Mac Donncha condemns ‘deplorable’ violent criminal acts on Malahide Road

"This is an effort to spread fear and hate in our communities and the vast majority of decent people want nothing to do with it."

The next time a ball is kicked for the European Championship, it could be at Casement Park!

This is our time to shine on the global stage. Let’s make it happen!


Load More