Seanad debates

Wednesday, 26 March 2003

Finance Bill 2003 [ Certified Money Bill ] : Committee and Remaining Stages.

 

Senator Mansergh referred to keeping the tax rates at 20% and 42%, the achievement of which he regarded as significant. He stated that there would be a battle to maintain the rates at these levels and it is the goal of the Government to do so. As the Senator pointed out, we were commended as recently as yesterday by the OECD officials in Dublin for our low tax rates. Low rates give a push to the economy and stimulate growth over and above that of our neighbours.

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