Apple tax windfall should be spent on building affordable homes, Social Democrats leader Holly Cairns says

Speaking at her party's think-in, Ms Cairns called for a ban on the bulk-purchasing of homes by investment funds
Apple tax windfall should be spent on building affordable homes, Social Democrats leader Holly Cairns says

Social Democrats leader Holly Cairns speaking to the media ahead of the party's think-in at the Fitzwilliam Hotel in Dublin on Tuesday. Picture: David Young/PA Wire

The Apple tax fund should be allocated to building affordable homes, Social Democrats leader Holly Cairns has said.

Ms Cairns described the “elephant in the country” as being the ongoing housing crisis, while criticising both Fine Gael and Fianna Fáil for trying to block the Apple tax funds from going to the exchequer.

“I find it kind of amusing to see parties who spent eight years and €10m fighting this case to try and [not] get the money back, saying what they’d like to spend the money on,” Ms Cairns said.

Ms Cairns was speaking at the party’s annual think-in, where she outlined the Social Democrats' priorities on issues like housing and childcare.

She called for work to be done to ban the bulk-purchasing of homes by investment funds, while adding the existing vacancy tax rate needed to be hiked.

Affordable housing plan

Ms Cairns added her party would be bringing forward an affordable housing plan in the coming weeks, following moves by Sinn Féin on the matter last month.

On childcare, Ms Cairns called for a hike in maternity benefit payment rate to €350 a week. At present, the benefit is paid out at €274 a week. 

She also criticised Taoiseach Simon Harris for only calling for a public childcare service ahead of the upcoming general election.

“It’s great to see the Taoiseach has finally come around to the position, the reality that we need a publicly funded model of childcare. I don’t think we’ll reach gender equality unless we have that,” Ms Cairns said.

“But saying it now, just before an election, when they’ve had 13 years to implement this, lacks a bit of credibility.”

On the election, Ms Cairns said her party was preparing for a November election, with candidates campaigning up and down the country.

She said the party would not promise “the sun, moon and stars”.

I think people are sick of empty promises. We’re not going to promise large tax cuts and huge investment in public services.

“We want investment in public services to try to lift people out of poverty.”

Going into government

On going into government, Ms Cairns said the Social Democrats did want to do so, but they would not do it “for the sake of it”.

“What we want to see is the biggest mandate for the Social Democrats in Government as possible,” Ms Cairns said.

However, she did not set out the number of TDs that would require, saying it would instead depend of the overall arithmetic of the next DĂĄil term.

Asked about proposals by Green Party leader Roderic O’Gorman for a common left-wing platform after the next general election, Ms Cairns downplayed prospects of engaging.

She insisted her priority was building up the Social Democrats mandate, but they would speak with everyone after the next election.

Ms Cairns said she was in broad favour of the ‘Vote Left, Transfer Left’ pact that was established in the 2020 general election.

However, pressed if this meant she would urge voters to give number two votes to Labour candidates, Ms Cairns shook her head.

She also rejected assertions by TĂĄnaiste MicheĂĄl Martin that the Social Democrats were "failed staters", instead saying there have been failures of Government.


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