Wider tax net must be priority, says Social Justice Ireland

A common EU corporation tax rate of 17.5% should be the goal of the next government, an independent think-tank has urged.

Social Justice Ireland (SJI) says Ireland needs to broaden its tax net and businesses should be made hand over a greater share of their profits than the current 12.5% rate requires.

SJI director Fr Sean Healy said the country’s tax take, measuring 31.1% of GDP, is too low for the kind of investment in infrastructure and services needed after the cuts of recent years.