Originally Posted by Pride Fighter
That is because taxes have been constantly coming down. In 1976 the tax rate on the upper bracket was 77%, it is now 41%. In fact such erosion of the tax-base, by neo-liberals such as the PD's aided and abetted the crisis.
I'd like to see a party advocate more taxes, about 50%, in order to close the deficit, invest in infrastructure and public services. The neoliberal right has been wrecking nations since Reagan, we need to fight back against them.
50% more taxes? Jesus wept.
The middle classes for instance already pay 41% on top rate of income tax, the USC, PRSI, a new household tax and a water charge. Added to that Capital gains tax, VAT, DIRT, Stamp Duty, Capital Acquisitions tax, excise duty, VRT, motor tax, an air travel tax.
Am I missing some? probably so...
What more taxes do you want? Who will be spending money if they are being taxed so much? we need to cut and reduce tax not increase spending and increase tax!