My commentary on corporation tax in Northern Ireland reached the Belfast Telegraph this morning, where my piece starts:
I am worried that Northern Ireland could be sleep walking to a disaster on corporation tax. Across the political divide there is support for devolving power to set corporation tax to Stormont and then reducing that rate to 12.5% to supposedly match the rate in the Republic.
It's only 300 words, but it summarises why this issue is one to worry about, and not just in Northern Ireland.
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So then Mr. M., would you order the NI Assembly to not drop their rate? How would you deal with their concerns over the Republic’s lower tax rate?
No, of course I would not order them to drop their rate
The need is for more investment, not a cut in tax rate
The UK has to deliver the spend NI needs