French economist Thomas Piketty criticises 12.5% corporate tax rate

Controversial French economist Thomas Piketty has criticised Ireland’s 12.5 per cent corporate tax rate, saying that it contributes to a zero-sum game.

20th June, 2014
Thomas Piketty

Controversial French economist Thomas Piketty has criticised Ireland’s 12.5 per cent corporate tax rate, saying that if countries "continue to play against each other trying to attract foreign investment", it will contribute only to a zero-sum game.

Speaking to RTE News before delivering the keynote address to the fifth annual Think-tank for Action on Social Change (TASC) conference in Croke Park, Piketty said that tighter regulation and greater financial transparency is needed to prevent...

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