Renua’s plan for a 23% flat income tax rate ‘very welcome’ says economist and tax experts

Renua Ireland’s plan to introduce one flat income tax rate of 23% has been described as a “very welcome idea” by a leading economist and tax experts.

The proposal has been dismissed by Labour and Fianna Fáil in recent days but the new party plans to make it a central part of their general election campaign.

Renua held a mini-conference in Dublin yesterday on the issue of flat tax where the experts also warned that Ireland’s current tax regime has seriously damaged our capacity to create jobs and facilitate entrepreneurs.