The Junior Finance Minister says high taxes are scaring off foreign companies.
Michael Darcy is warning that income tax rates are unattractive to companies who might be considering a move to Ireland post-Brexit.
He is calling for the level the top income rate of tax kicks in to be raised from €33,800 to €36,000.
“On every occasion that I meet a company who intend to or hope to relocate here, it’s one of the first two issues that are always raised,” said Mr Darcy.
It isn’t so much the 52% tax, it’s the point at which people enter the higher rate,
“In Ireland, it’s €33,800. It’s at one of the earliest points within the OECD,” he added.