[QUOTE=“Julio Geordio, post: 1103802, member: 332”]So its essentially tax the moderately wealthy to pay even more money to people on welfare who have been largely unaffected by the downturn.
Then abolish property charges which are exactly the type of progressive taxation a party like Sinn Fein should be looking to introduce.
Wealth taxes don’t work. The really rich can just avoid them and it prevents large companies from setting up shop here.
What the Shinners should be doing here, is keeping the property tax. Maybe even increasing it above a threshold of say €2 million.
Bringing in water charges. Ensuring it is in a nationalised company, with exemptions for low earners etc.
Leaving the top end of the tax regime as is.
Reducing the burden on lower income tax payers.
Tax the moderately rich.
Retain 10% USC for self-employed over €100,000. Raises €123 million
Introduce a new employers’ rate of PRSI of 15.75% on the portion of salary paid in excess of €100,000 per annum. Raises €136 million
Introduce new 3rd rate of tax of 48% on income earned in excess of €100,000. Raises €448 million
Reductions in public sector pay and pensions, including 15% reduction in public sector salaries between €100,000 & €150,000 and 30% on income over €150,000. Saves €23.02 million
Reduce the earnings cap for pension contributions from €115,000 per annum to €70,000 per annum. Raises €110 million
More free money for those on welfare
Increase Family Income Supplement by 10%. Cost €33 million
Increase the Respite Care Grant by €325. Cost €29.6 million
Over the next two budgets restore the maximum rates for young Jobseekers of €188. In Budget 2015 we would increase it by €40 per week. Cost €89 million
Add a telephone allowance of €9.50 per month to the Living Alone increase. Cost €20.6 million
Raise the One Parent Family Payment income to €120. Cost €15.3 million
Reinstate the Solas Training Allowance. Cost €6.7 million
Re-open the Diet Supplement Scheme. Cost €500,000
Increase Fuel Allowance by 3 weeks. Cost €23.9 million
Make Vague Promises
Reduce Professional fees and general department spend on travel and training by 10%. Saves €27.2 million
2% reduction in branded medicines. Saves €21 million
Greater use of JobsPlus. Saves €15.2 million
Increase Revenue Commissioner activity to target tax evasion.
Introduce 4,000 additional Community Employment Scheme places. Cost €13.6 million
Increase investment in the Employability Service. Cost €1.5 million
Introduce policies which make for good soundbites but will likely end up costing the state more in the long run
As a first step in phasing them out, reduce the charge per prescription for medical card-holders by €0.50. Cost €25 million
End the State subsidy of private care in public hospitals. Saves €107.29 million
Phased withdrawal of private school annual state subsidy over five years. Saves €20.6 million
At a huge cost to the exchequer abolish a genuinely progressive taxation.
Save 1.8 million homeowners an average of €278 per annum by abolishing the property tax. Cost €500 million
Follow further populist policy, even though with would affect the rich more than the poor many of whom would get free water.
Don’t introduce water charges. Cost €300 million[/QUOTE]
apology accepted about your comment of vague promises being wrong
the wealthy hoarde their money, the less well off spend it , so by taxing the rich not only does it make a fairer society it actually stimulates the economy
for your statement of taxing the rich not working , maybe ask the people of Norway,Sweeden & Denmark is it working or not
you fud
[QUOTE=“The Selfish Giant, post: 1103816, member: 80”]apology accepted about your comment of vague promises being wrong
the wealthy hoarde their money, the less well off spend it , so by taxing the rich not only does it make a fairer society it actually stimulates the economy
for your statement of taxing the rich not working , maybe ask the people of Norway,Sweeden & Denmark is it working or not
you fud[/QUOTE]
I will respond in detail shortly.
In the meantime what do you think of the abolition of the property tax?
[QUOTE=“Julio Geordio, post: 1103828, member: 332”]I will respond in detail shortly.
In the meantime what do you think of the abolition of the property tax?[/QUOTE]
i think it should be double for people earning above the average wage and scrapped for people earning below the average wage
[QUOTE=“The Selfish Giant, post: 1103816, member: 80”]apology accepted about your comment of vague promises being wrong
the wealthy hoarde their money, the less well off spend it , so by taxing the rich not only does it make a fairer society it actually stimulates the economy
for your statement of taxing the rich not working , maybe ask the people of Norway,Sweeden & Denmark is it working or not
you fud[/QUOTE]
The Scandinavian myth comes up again
Norway has some of the the world’s biggest oil reserves and tax rates are lower than here
Sweden is in deflation and has been called the Nordic Japan
The Danish economy is struggling
[QUOTE=“The Selfish Giant, post: 1103816, member: 80”]apology accepted about your comment of vague promises being wrong
the wealthy hoarde their money, the less well off spend it , so by taxing the rich not only does it make a fairer society it actually stimulates the economy
for your statement of taxing the rich not working , maybe ask the people of Norway,Sweeden & Denmark is it working or not
you fud[/QUOTE]
Do you consider someone earning €100k a year wealthy?
In a one income house with 2 or 3 kids and trying to live in Dublin I would say you’d hardly be “wealthy”.
The people you really want to target are the super wealthy, but they won’t end up being caught with taxes, they’ll just live abroad. Just ask the French
In all of the above mentioned economies there are property taxes and water charges.
In essence Sinn Fein are being “socialist” but only to the point where it’s popular. Genuinely socialist taxes are being abandoned for populist reasons.
If they left those charges in place they could raise the tax bands at the low end benefiting low income workers.
[QUOTE=“Julio Geordio, post: 1103865, member: 332”]Do you consider someone earning €100k a year wealthy?
In a one income house with 2 or 3 kids and trying to live in Dublin I would say you’d hardly be “wealthy”.
The people you really want to target are the super wealthy, but they won’t end up being caught with taxes, they’ll just live abroad. Just ask the French
[/QUOTE]
I was just coming on to post about this fucking myth that anyone earning €100k is wealthy. Would they ever fuck off. According to taxcalc.eu €100k nets to about €4,900 per month. Knock €2,000 for a modest mortgage and then start paying for healthcare, a car, a reasonable holiday and there’s not much left over.
It’s easy to live on the average industrial wage when your party is funding your business class flights to Australia and day to day expenses. The rest of us have to pay our own way.
For the record I believe it’s morally wrong for a marginal income tax rate to be above 50%.
[QUOTE=“briantinnion, post: 1103888, member: 6”]I was just coming on to post about this fucking myth that anyone earning €100k is wealthy. Would they ever fuck off. According to taxcalc.eu €100k nets to about €4,900 per month. Knock €2,000 for a modest mortgage and then start paying for healthcare, a car, a reasonable holiday and there’s not much left over.
It’s easy to live on the average industrial wage when your party is funding your business class flights to Australia and day to day expenses. The rest of us have to pay our own way.
For the record I believe it’s morally wrong for a marginal income tax rate to be above 50%.[/QUOTE]
i would agree with all this post
2,5k mortgage a month is a killer
[QUOTE=“briantinnion, post: 1103888, member: 6”]I was just coming on to post about this fucking myth that anyone earning €100k is wealthy. Would they ever fuck off. According to taxcalc.eu €100k nets to about €4,900 per month. Knock €2,000 for a modest mortgage and then start paying for healthcare, a car, a reasonable holiday and there’s not much left over.
It’s easy to live on the average industrial wage when your party is funding your business class flights to Australia and day to day expenses. The rest of us have to pay our own way.
For the record I believe it’s morally wrong for a marginal income tax rate to be above 50%.[/QUOTE]
2k a month a modest mortgage? Allowing for the more expensive houses in Dublin this does not tally up at all. Modest would be 650-700 to say a 1k. Would you ever fuck off. Someone on 100k complaining about taxes. :rolleyes:
You and Julio are typical of the upper middle class living in la la land. Just because you and your ilk live in a materialistic hell doesn’t mean everyone else does.
You people disgust me. :mad:
[QUOTE=“briantinnion, post: 1103888, member: 6”]I was just coming on to post about this fucking myth that anyone earning €100k is wealthy. Would they ever fuck off. According to taxcalc.eu €100k nets to about €4,900 per month. Knock €2,000 for a modest mortgage and then start paying for healthcare, a car, a reasonable holiday and there’s not much left over.
It’s easy to live on the average industrial wage when your party is funding your business class flights to Australia and day to day expenses. The rest of us have to pay our own way.
For the record I believe it’s morally wrong for a marginal income tax rate to be above 50%.[/QUOTE]
there is also the point that for most people to earn over 100k a year has taken years of study, sacrifices, long hours, responsibility, stress
it is not for everybody but if you do achieve success and earn good money then it is galling for people to say actually that is too much and so hand me over 60% of it
does that include pople on benefits over the AIW ? should the benefits then be taxed ? it would certtainly seem to be the most equitable way of doing things
[QUOTE=“briantinnion, post: 1103888, member: 6”]I was just coming on to post about this fucking myth that anyone earning €100k is wealthy. Would they ever fuck off. According to taxcalc.eu €100k nets to about €4,900 per month. Knock €2,000 for a modest mortgage and then start paying for healthcare, a car, a reasonable holiday and there’s not much left over.
It’s easy to live on the average industrial wage when your party is funding your business class flights to Australia and day to day expenses. The rest of us have to pay our own way.
For the record I believe it’s morally wrong for a marginal income tax rate to be above 50%.[/QUOTE]
FFS , some person earning 5 times the minimum wage is wealthy
you pay your own way for business travel?
get over yourself
[QUOTE=“caoimhaoin, post: 1103894, member: 273”]2k a month a modest mortgage? Allowing for the more expensive houses in Dublin this does not tally up at all. Modest would be 650-700 to say a 1k. Would you ever fuck off. Someone on 100k complaining about taxes. :rolleyes:
You and Julio are typical of the upper middle class living in la la land. Just because you and your ilk live in a materialistic hell doesn’t mean everyone else does.
You people disgust me. :mad:[/QUOTE]
+1
i hate to say it but they reek of new money. no class about them
[QUOTE=“Julio Geordio, post: 1103865, member: 332”]Do you consider someone earning €100k a year wealthy?
In a one income house with 2 or 3 kids and trying to live in Dublin I would say you’d hardly be “wealthy”.
The people you really want to target are the super wealthy, but they won’t end up being caught with taxes, they’ll just live abroad. Just ask the French
In all of the above mentioned economies there are property taxes and water charges.
In essence Sinn Fein are being “socialist” but only to the point where it’s popular. Genuinely socialist taxes are being abandoned for populist reasons.
If they left those charges in place they could raise the tax bands at the low end benefiting low income workers.[/QUOTE]
yes,100k a year is wealthy. They can afford to pay an extra bit in taxes no doubt
[QUOTE=“TheUlteriorMotive, post: 1103906, member: 2272”]there is also the point that for most people to earn over 100k a year has taken years of study, sacrifices, long hours, responsibility, stress
it is not for everybody but if you do achieve success and earn good money then it is galling for people to say actually that is too much and so hand me over 60% of it[/QUOTE]
Come off it, people on 30-40-50k go thru the same. It’s incredibly naive/arrogant/narrow minded to say that people who do all that make it to the 100K mark.
Typical of some of the incredible snobbery displayed on this site regularly.
[QUOTE=“caoimhaoin, post: 1103924, member: 273”]Come off it, people on 30-40-50k go thru the same. It’s incredibly naive/arrogant/narrow minded to say that people who do all that make it to the 100K mark.
Typical of some of the incredible snobbery displayed on this site regularly.[/QUOTE]
+1
the state pays for these gombeens study but they expect not to pay the state anything back in their earnings
the mind boggles
What do you mean Kev? A mortgage payment of €2,000 a month wouldn’t only finance a mortgage of about €350,000. Add in your deposit and you get to a house costing around €400,000. You won’t get anything too salubrious for that in Dublin.
You might be working off Munster prices - in which case a mortgage of €1,000 might very well get you a decent house with a decent commute to work. There’s no chance of that in Dublin.
[QUOTE=“briantinnion, post: 1103888, member: 6”]I was just coming on to post about this fucking myth that anyone earning €100k is wealthy. Would they ever fuck off. According to taxcalc.eu €100k nets to about €4,900 per month. Knock €2,000 for a modest mortgage and then start paying for healthcare, a car, a reasonable holiday and there’s not much left over.
[/QUOTE]
I was having a chat with a mate of mine recently.
I earn €21k gross more than him per annum.
I take home €500 more than him a month.
[QUOTE=“farmerinthecity, post: 1103932, member: 24”]I was having a chat with a mate of mine recently.
I earn €21k gross more than him per annum.
I take home €500 more than him a month.[/QUOTE]
get yourself a better accountant farmer
![http://cf.broadsheet.ie/wp-content/uploads/2013/11/peeflynn.jpg[/QUOTE]](http://cf.broadsheet.ie/wp-content/uploads/2013/11/peeflynn.jpg%5B/QUOTE%5D){kind=link}