Ibec calls for marginal tax rate to be cut to 45%

Tax on work is too high, a new report from the business lobby group says

Small firms want tax change for self-employed. Pic: Pixabay

Tax on work is too high in Ireland but many people do not pay any tax at all, business lobby group Ibec has said, as it called for the marginal tax rate to be cut to 45 per cent, in line with competitor economies.

In a report titled "General Election 2016: Rethinking the tax debate", Ibec says that Irish income tax levels are above the European average, at ninth out of 28 countries. ...