Ogle: Taxing business and borrowing 'cheap money' can fix water system
The head of the Right2Water campaign has called for corporate tax hikes and more Government borrowing as an alternative to the water charge.
Brendan Ogle was responding to today's EPA pollution report which
Read More:
Mr Ogle - who has refused to rule out standing in the next General Election - welcomed that report - saying that the anti-water charge movement isn't afraid to suggest alternative funding strategies.
Mr Ogle said that abolishing Irish Water would save money - and increasing tax on businesses would make up the funding shortfall.
"Sure we'll just go up to European levels, and I'm not talking about going mad here, alongside France and Germany - that would generate another €7bn," he said.
"With the cheap money we can borrow within the European borrowing rules, about another €5bn, we can fix not only the water system, and a hell of a lot quicker, we can stop the waste but we can also help the homelessness issue, [and] the fact that we have historic levels of trolleys in our hospitals."
