Dr. Eddie Casey:

I do not believe so. A cornerstone of deciding how to address the major challenges we are facing, for example, ageing costs and climate targets, is consideration of what options we have to deal with such pressures. Unless we have a good sense of all the taxes we are forgoing by not taxing areas that many countries tax and the potential revenue we are consequently missing out on, we will not be able to say how we might respond. If we start considering these questions immediately, we could put options on the table and have a clear and honest discussion about how we might tackle issues and what our preferences were. Until we have those clear estimates, though, we cannot do so.