Think-tank calls for tax increases in budget

The Government has been urged to increase taxes in the next budget instead of pressing on with much vaunted cuts.

The Social Justice Ireland think-tank called on Finance Minister Michael Noonan to plough money from taxpayers into reversing cuts to caring, housing, and anti-poverty services that have been implemented over the last six years of austerity.

In two of the more controversial proposals, the group said businesses should pay a minimum effective corporate tax rate of 6% to generate at least €1bn for the state.