SF enterprise policy raises corporation tax to 17.5%

SINN FÉIN yesterday outlined a new policy direction on enterprise that would see corporation tax being increased from 12% to 17.5%, an all-Ireland approach to job creation, and the euro becoming the operable currency north and south.

Launching the party’s discussion paper on enterprise and job-creation, the party’s general secretary, Mitchel McLaughlin, said that the proposed policies would represent a “step-change” in policy for Sinn Féin.

In keeping with the party’s stance that the major parties will need to speak to SF after the next election, he said the policy, if adopted, could “influence those parties who aspire to form a government.”