Charlie McCreevy: remember him?

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Brian Cowan’s predecessor at Finance, has just been named ‘Person of the Year’ by Brussels think tank, The Globalisation Institute, not least for his stance on tax reduction:

“I believe taxes – of all kinds – should be kept as low as possible and that the pressure to get them down should be relentless… Taxes on income are taxes on effort, work and entrepreneurship. Taxes on capital are taxes on investment and risk taking. But it is effort, work, entrepreneurship, investment and risk taking that we need to continue to grow our economic base.”

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