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Tue 09 Sep 2009Commission on Taxation

THE REPORT of the Commission on Taxation is a comprehensive and measured view of the tax system’s fitness for purpose. It has at its heart the same principle that has underpinned economic policy since the mid 1980s: namely, for a small open economy, low taxation is the best way to encourage enterprise and jobs.

But, why the Coalition Government decided to publish a €3 billion taxation plan now, in the middle of the referendum campaign on the Lisbon Treaty, defies all political logic. Was there any compelling reason to have Lisbon dragged into proposed tax increases in the December budget?

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