Dara Murphy (Cork North Central, Fine Gael)
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Why then are we seeing economic growth in the United Kingdom in the wake of the changes that have been introduced there? I am not suggesting we should necessarily follow that country's lead, but there is a principle to be clarified here. Mr. Taft seems very critical of our having a very low, competitive effective tax rate and he is not willing to accept that raising the rate would be a bad thing.