Our tax regime is out of kilter
It said Ireland's low revenue from taxation was starving the poor of better health, education and social welfare.
A recent OECD report showed that the Irish exchequer collected less tax as a proportion of GDP than any other EU country in 2002. Ireland's tax revenue in 2002 was 28% of GDP, compared to more than 50% in Sweden. CORI said this had led to a situation where the Irish spend on social provision was little more than half the EU average.
To address the problem, it said, the Government should raise corporation tax from 12.5% to 17.5%, should end tax breaks for stud farm owners and other wealthy individuals and should provide tax relief at 20%, where it is currently being provided at 42%.
Paul Kinsella,
53, Lorcan Grove,
Santry,
Dublin 9.





