Labour Senator calls for tax debate

Labour Senator calls for tax debate
Labour Party Senator Alex White.

Labour Party Senator Alex White is calling for a full debate on the issue of tax.

The Department of Finance moved last night to send a message to the multinational community to say that there will be no increase in the corporation tax rate.

The move came as a result of comments made by the EU Economics Commissioner Oli Rehn who said the Government could not afford to exclude any tax policy changes if we want to get our finances back on track.

Ireland's low corporation tax rate of 12.5% is seen as key to attracting foreign investment.

However, Mr White said nothing should be ruled out at this stage.

Mr White said: "We cannot exclude any discussion on the issue of tax. I understand last night that the Government moved quickly on the issue of corporation tax.

"But the dufficulty is if we spend the next few weeks ticking off things that we are not going to do, we will never have a real debate on what we are going to do."


More in this Section

Man who left former partner unconscious in pool of blood after beating during safety order breach gets three yearsMan who left former partner unconscious in pool of blood after beating during safety order breach gets three years

Election 2020: How do I register to vote?Election 2020: How do I register to vote?

Family of pregnant woman kept alive over Eighth Amendment worries seek €3.3m damages over her deathFamily of pregnant woman kept alive over Eighth Amendment worries seek €3.3m damages over her death

Waterford Cllrs agree to self-regulate their social media accounts Waterford Cllrs agree to self-regulate their social media accounts


Lifestyle

Hannah Stephenson has advice on how to care for your garden when wet weather strikesHow to prevent and deal with waterlogging in the garden

If you're down in the epidermal dumps, exfoliation, hydration and decongesting is what you need.The Skin Nerd: How to prep and pep that played-out January skin

The Winter Show, which gets underway in New York this Friday, is a celebration of world cultures, from antiquity to the present.Time travellers are packing their suitcases for New York this week

“Finish him!” It’s one of the most famous lines in video games – in fact, they pretty much built the entire series around it. Mortal Kombat is notorious for brutal finishing moves, in which the characters kill off their opponents in horrific (and often humourous) fashion.Game Tech: Mortal line lives on in the cinema

More From The Irish Examiner