Boost the economy and improve income distribution by cutting VAT not taxes

Dr. Micheál Collins of the Nevin Economic Research Institute and a former member of the 3rd Commission on Taxation,  report available here, has produced a number of interesting papers on the (broader) tax burden. He is trying to widen the discussion to include indirect taxes, such as VAT & Excise. Or as Jimmy Crowley  sang in the Cork anti-conscription song, Salonika,  “they tax the pound of butter, they tax the h’penny bun”. Micheál has produced a number of papers, Total …

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#VinB on hypocrisy of parliamentarians who seek (for once) to enforce the law…

Had to do a double take on this one this morning… Vincent Browne points to a number of cases that have passed unnoticed under the gaze of Dublin’s parliamentarians (not least Ireland’s wealthiest media tycoon, Denis O’Brien).. While Vincent is not arguing that Mick the Builder (from Wexford) is not deserving of censure, …in a normal, decent society, he would be deserving of censure and of the appropriate criminal sanctions. …he does, however, muddy the waters somewhat by getting in …

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Irish Government Reaction to UK Budget

The Irish Minister for Enterprise, Trade and Innovation, Batt O’Keeffe, has made a couple of comments in response to the UK Budget announcement.  From the iol report The Minister for Enterprise, Trade and Innovation Batt O’Keeffe has said he is confident Ireland will not suffer from a reduction in the UK’s corporation tax. The rate is to be cut by 1% next year from 28% – and by a further 1% each year afterwards until its falls to 24%. However, …

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