Eoin O’Broin | Time to Raise Taxes
Eoin O’Broin of Sinn Fein, in a post on Progressive Economy on the soon to be published Commission on Taxation Report argues that the commission remains committed to maintaining Ireland as a low tax economy. Yet if we want to be more competitive, reduce inequality and provide decent public services we should actually increase taxation. Referring to the World Competitiveness Scoreboard, he argues that Scandinavian countries and Finland as well as being among the most competitive economies in the world also had tax revenues from 44% to 51% of GDP compared to Ireland at 31% – “Only Latvia, Slovakia, Lithuania and Romania took less”.
Donagh is the editor of Irish Left Review.
Contact Donagh through email: dublinopinionAtgmail.com
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July 30, 2009 2:55 pm
I agree and think that in order to compete in the economy and reduce inequality, we must raise the taxes. A GDP of only 31% does not compete with other countries like Scandinavia and Finland.