Sunday 4 December 2016

We must raise taxes – but new 'middle rate' is the smart way

Published 17/04/2014 | 02:30

Raising taxes without altering the tax system is the worst way to do it
Raising taxes without altering the tax system is the worst way to do it

I wonder, do they read the popular press down in those think tanks? Or do they just devour raw data, like Alan Greenspan in the bath (much good it did him). If the boffins who prepare the annual OECD report on taxation ever look at the Irish newspapers, they must be tempted to have another look at their data.

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The steady drone of complaint about Irish taxes being unfair, or too high, appears to come from a different country than the one portrayed in the OECD's 'Taxing Wages 2014', published last week.

The obvious reaction is to dismiss the complaints about tax as media whingeing. But, as is usually the case, the press is onto something. What exactly it is onto is not easy to discern, and even more difficult to explain. And the more one discerns, the more troubling the question of the Irish tax system becomes.

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