'Rich will have to shoulder cuts too'
Published 27/11/2011 | 05:00
Up to 2,000 people attended an anti-austerity rally in Dublin yesterday. Hospital cleaners wielding brooms and pushing wheelie bins led the union-organised procession down O'Connell Street to the GPO.
The Dublin Council of Trade Unions coordinated the protest, and ICTU president Eugene McGlone said activists were expressing concern at the implications of the upcoming Budget. "There is still wealth in this country and it must be forced to shoulder a fair portion of the responsibility to help," he said.
He claimed the top one per cent of earners owned 28 per cent of the wealth in the country, equating to 34,000 citizens who own €130bn in financial and housing wealth.
And the average holdings for adults in the top one per cent is €3.8m, the senior trade unionist added.