LONDON, April 1 (Reuters) - Ireland's Prime Minister said on Wednesday that income taxes would have to increase as part of an overhaul of the taxation system to bridge a widening gap in the country's public finances.
Brian Cowen told parliament a week ahead of an April 7 emergency budget that the tax system, which had relied heavily on a rising property market, would have to be broadened out and more revenue would have to be generated from income taxes.
"Some of which will be provided by increased income tax others which will have to be provided in due course by broadening the tax base itself," Cowen said.
(Reporting by Carmel Crimmins)