The new report suggested that taxation would need to be increased by 25% and that there would need to be a cut in expenditure.
Sinn Féin has disputed a new report that suggests the cost of a united Ireland would cost €20 billion every year for 20 years.
The report also suggested that basic unification costs after losing subventions from the British Government and other costs could run to nearly €11 billion a year.Speaking on RTÉ’s Today with Claire Byrne, Sinn Féin TD Pádraig Mac Lochlainn said that he disputed the methodology used to compile the report and said it does not account for economic growth in Northern Ireland.
“It’s about a quarter of what the British Government… When you deduct the pensions, debt repayments, contributions to the Defence Forces of Britain and so on.“Also, the report assumes there’ll be no economic growth in the North. We know that since Brexit, there’s been substantial growth in the all-Ireland economy.
“All of the questions are why we have said there needs to be a Citizens’ Assembly, why there needs to be actual planning a White Paper from Government,” he continued.
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