'Irresponsible' to cut inheritance tax, say Soc Dems, as Sinn Fein stay silent on its call for hike

"The Social Democrats have said it would be 'irresponsible' to reduce inheritance tax, after Taoiseach Micheál Martin said the system needs to be reformed."

"Amid renewed debate over the fairness of the inheritance tax system, political parties have outlined their positions after the Fianna Fáil leader said he wanted to see it reformed."

Social Democrats oppose reducing inheritance tax, citing the state's heavy reliance on corporation tax receipts. They label any tax reduction as irresponsible, especially in light of global economic challenges. The debate over the fairness of the inheritance tax system has intensified, with political parties clarifying their stances following Taoiseach Micheál Martin's call for reform. The discussion reflects broader concerns about fiscal stability and equitable taxation in the current economic climate.

Read at Independent