Ireland business Coronavirus Ireland

Should 'pandemic winners' pay a solidarity tax?

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The annual Forbes billionaires list was published in recent weeks. There was a reasonable expectation, in light of the pandemic, that the world's wealthiest would have seen their cash piles somewhat diminished in the past year.

Not so. In fact, the richest people in the world added more than $5 trillion to their collective wealth, according to Forbes.

In addition, almost 500 more people achieved billionaire status in the last year bringing to a record 2,755 the number of people on the planet whose net worth exceeds $1 billion.

And it's not just the super-wealthy that have been doing just fine. As the Central Bank figures on savings suggest, many people in this country have been putting plenty of cash into bank and credit union accounts in

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