It has been reported today that Brain Cowen should raise taxes in 2008. Yeah we all say, but who is really calling for this ? Well the Economic and Social Research Institute (www.esri.ie) said today that the Minister for Finance should not rule out raising taxes in December’s Budget to fund the high level of public spending next year. The Institute today warned that there are more problems on the horizon in Ireland, one of them being Ireland high minimum wages, and the effect it will have if the economy continues to slowdown. They fear that many employers will struggle more in 2008.