Is Ireland doing the right thing by raising its corporate tax rate?

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Is Ireland doing the right thing by raising its corporate tax rate?

The Government has received the updated text of the OECD agreement and is set to make a decision on whether or not it will opt into a global corporate tax deal this Thursday. Ireland’s 12.5pc corporation tax rate has been the cornerstone of its economic policy for decades and joining the global tax deal would see this rate increase to “at least” 15pc. Are we doing the right thing by agreeing to a raise? For reaction, we were joined on the show by Cormac Lucey, Economics Columnist with The Sunday Times Ireland. Listen and subscribe to Newstalk Breakfast on Apple Podcasts or Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.

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Is Ireland doing the right thing by raising its corporate tax rate?