Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)

While everyone welcomes inward investment, particularly if it is ethical in nature and is aimed at making a serious contribution to our society, is it not a major mistake to bet the entire economic future of the country on the hope of such investment? A necessary accompaniment to this type of investment is a ratcheting down of taxes on business and wealth. This produces an unsustainable narrowing of the tax base, which lies at the root of our deficit problem. Is it not time to debate the sacred cow of low taxation on wealth?

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