Taxing questions

The VAT increase announced in Budget 2012 (and flagged some time before) came into increase on January 1st, and yesterday TASC Director Nat O'Connor had an opinion piece in the Irish Times highlighting the regressive distributional impact of consumption taxes - and pointing out some of the flaws in the argument that increasing consumption taxes in preference to taxes on income or wealth leaves us with more 'choice'. You can read the full article here.