Capital Gains Tax Cut Debate | Belfast News

Finance Minister Simon Harris is proposing a cut to Ireland’s 33% capital gains tax, sparking debate over whether slashing it to 25% could boost local business investment or just drain public coffers. Proponents argue the high rate deters entrepreneurs and pushes profits abroad, while critics warn the savings might vanish overseas or into private pensions. With each 1% drop costing roughly $87 million annually, the move remains uncertain — and Harris hasn’t committed to a timeline. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/80314ad2e96c972a