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Joan Burton to increase tax on the Rich

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    #62
    Frynge
    Registered Users Posts: 1,667 ✭✭✭Frynge


    Idbatterim wrote: »
    Yeah it is absolutely jaw dropping. For every thousand you earn over that amount, they want E520 of it? For what I am not sure.

    E1000, they get E520, you get E480. F**cking great country we live in.

    I would have no problem with giving €520 on every k, on condition that that was it. Having to then pay all the other tax's/charges on top of it makes it a problem.


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    #63
    Idbatterim
    Registered Users Posts: 17,849 ✭✭✭✭Idbatterim


    The magic money tree is the problem in this country.

    Those in the higher tax bracket are already paying their share.
    Personally I dont agree with that, they are carrying far more than their fair share! If we arent already there, at what point would they be carrying beyond their fair share?! When the bloody politicians come a knocking, they are going to get a bloody major piece of my mind, I suggest you do likewise. And not because of cuts or new taxes no, because I am being SCREWED so that those who have contributed nothing or very little can have their rants about "da rich" and "da bondholders" the ones Labour and pretty much every other party seems to bow to. Probably because you screw me a private sector worker, you lose one vote, keep welfare at inflated levels you might retain or win a multiple of that, at least you would have.

    As a country that harps on about nothing but fairness, does anyone give a **** about the unfairness inflicted on marginal rate earners, do they f**k!


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    #64
    suicide_circus
    Registered Users Posts: 19,802 ✭✭✭✭suicide_circus


    Idbatterim wrote: »
    Yeah it is absolutely jaw dropping. For every thousand you earn over that amount, they want E520 of it? For what I am not sure.

    E1000, they get E520, you get E480. F**cking great country we live in.

    do you know what, if we as working people actually got top class services - medical, educational, subsidised childcare for working parents, security, infrastructure, public transport - if all of these were top class and available to me, they could take 52% of my income, no questions asked.

    But I don't. I pay for vhi because i dont want to die on a trolley, if i have kids myself or my partner will have to consider quitting work due to the prohibitively high cost of child care, if i call the gardai i can expect a 40 minute wait for them to arrive even though i live 5 mins walk form a station, I cant rely on public transport because the pricks are ready to go on strike at the drop of a hat. ANd wait til you see what the state pension is gonna look like by the time i'm 65...err.. i mean 85!
    If the counrty is incapable of providing these things, fook off, let me save my own money and make my own arrangements.


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    #65
    MadYaker
    Registered Users Posts: 12,169 ✭✭✭✭MadYaker


    suicide_circus wrote: »
    do you know what, if we as working people actually got top class services - medical, educational, subsidised childcare for working parents, security, infrastructure, public transport - if all of these were top class and available to me, they could take 52% of my income, no questions asked.

    But I don't. I pay for vhi because i dont want to die on a trolley, if i have kids myself or my partner will have to consider quitting work due to the prohibitively high cost of child care, if i call the gardai i can expect a 40 minute wait for them to arrive even though i live 5 mins walk form a station, I cant rely on public transport because the pricks are ready to go on strike at the drop of a hat. ANd wait til you see what the state pension is gonna look like by the time i'm 65...err.. i mean 85!
    If the counrty is incapable of providing these things, fook off, let me save my own money and make my own arrangements.

    Pretty much my thoughts exactly. We are so deep in debt that this is going to continue for a very long time. Taxed to the hilt and getting nothing in return because it all goes to plug the deficit. Not sure what I'm going to do when I'm finished 3rd level but when I consider the fact that I'm going to be paying the price for other people's f*ck ups for a large chunk of my working career it really makes emigration look very tempting.

    People say "ooooh tax the rich" but in reality the number of people who are earning over 300k or are millionaires is tiny in this country so greatly increasing taxes on them is going to make f*ck all difference. Especially when you consider many of the people earning this kind of money in the private sector are entrepreneurs (big business owners) who provide jobs and if the tax system here becomes unfavourable for them they will simply move their money and or businesses to another country.


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    #66
    Idbatterim
    Registered Users Posts: 17,849 ✭✭✭✭Idbatterim


    But I don't. I pay for vhi because i dont want to die on a trolley, if i have kids myself or my partner will have to consider quitting work due to the prohibitively high cost of child care, if i call the gardai i can expect a 40 minute wait for them to arrive even though i live 5 mins walk form a station, I cant rely on public transport because the pricks are ready to go on strike at the drop of a hat. ANd wait til you see what the state pension is gonna look like by the time i'm 65...err.. i mean 85!
    If the counrty is incapable of providing these things, fook off, let me save my own money and make my own arrangements.
    yeah, jaw dropping amounts of money spent running the country and a jaw droppingly poor return for it. Agreed, they can forget ramping up services and wanting me to pay for it, I'd prefer the money in my back pocket thank you very much.


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    #67
    tayto lover
    Registered Users Posts: 51,652 ✭✭✭✭tayto lover


    My daughter spent 5 hours sitting in the hospital last week with her 9 year old son who broke his finger playing football.
    All they were interested in was the 100 euro charge before he was even seen. It took 5 hours to get an x-ray and for the doctor to read it. Then 10 mins to put a splint on it. With all the taxes we pay this is crazy.
    To think we had a minister saying he was fixing that service is very annoying.


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    #68
    Tail Docker
    Closed Accounts Posts: 2,954 ✭✭✭Tail Docker


    Lol at all the fevered rowing-back/out/forwards all of a rush. And they say protests don't work. Well, protest votes certainly do.


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    #69
    mezuzaj
    Closed Accounts Posts: 176 ✭✭mezuzaj


    tayto lover wrote: »
    My daughter spent 5 hours sitting in the hospital last week with her 9 year old son who broke his finger playing football.
    All they were interested in was the 100 euro charge before he was even seen. It took 5 hours to get an x-ray and for the doctor to read it. Then 10 mins to put a splint on it. With all the taxes we pay this is crazy.
    To think we had a minister saying he was fixing that service is very annoying.

    That is why people get VHI,.. so they can go to the fast track A&E clinics and be seen within an hour.

    Mind you I have been to A&E with daughter who broke her leg and when the said he in pain (screaming) they had he x-rayed in 20 mins.


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    #70
    feargale
    Registered Users Posts: 8,636 ✭✭✭feargale


    Reformed Character wrote: »
    Joan the Moan,

    What does it matter how she speaks? Judge her on her words and deeds.


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    #71
    beardy_brady
    Banned (with Prison Access) Posts: 18 ✭beardy_brady


    mezuzaj wrote: »
    Thats True, if you have a billion in assets, you effective tax is small. If you have invested in shares, you only pay tax on the gains, when you sell or on dividends. The reality is that the Rich don't HAVE to sell, they choose when and how much income to take.

    Also in Ireland the really rich are not that many, We don't have thousands of Multi millionaires. Dublin does not have a chelskey Russian Billionaire row.

    buying irish shares is the most expensive in the western world , stamp duty is 1% upon purchase , its a half of one percent in germany , france , uk , no stamp duty in america on shares


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    #72
    tayto lover
    Registered Users Posts: 51,652 ✭✭✭✭tayto lover


    mezuzaj wrote: »
    That is why people get VHI,.. so they can go to the fast track A&E clinics and be seen within an hour.

    Mind you I have been to A&E with daughter who broke her leg and when the said he in pain (screaming) they had he x-rayed in 20 mins.

    Many people had VHI but had to drop it in order to continue paying their mortgage.


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    #73
    Frank Lee Midere
    Closed Accounts Posts: 3,780 ✭✭✭Frank Lee Midere


    beardy_brady wrote: »
    buying irish shares is the most expensive in the western world , stamp duty is 1% upon purchase , its a half of one percent in germany , france , uk , no stamp duty in america on shares

    Extraordinary high tax.


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    #74
    ceadaoin.
    Registered Users Posts: 8,141 ✭✭✭ceadaoin.


    46% of people taking this poll think that someone earning 100k and up is rich?


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    #75
    bigroad
    Registered Users Posts: 4,069 ✭✭✭bigroad


    ceadaoin. wrote: »
    46% of people taking this poll think that someone earning 100k and up is rich?
    To put it in context ,they are rich compared to someone on 20k.


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    #76
    Idbatterim
    Registered Users Posts: 17,849 ✭✭✭✭Idbatterim


    E58,869 that is your net pay on E100,000!


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    #77
    dark crystal
    Registered Users Posts: 10,962 ✭✭✭✭dark crystal


    ceadaoin. wrote: »
    46% of people taking this poll think that someone earning 100k and up is rich?

    This surprises you?

    That's almost 2k a week - Compared to what me and my partner earn, it's a bloody king's ransom!


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    #78
    jank
    Banned (with Prison Access) Posts: 13,018 ✭✭✭✭jank


    The top 10% pay 40% of the tax take, the next 10% pay 20% of the tax take. The bottom 10% pay something like .5% but sure 'taxing the rich' is an easy soundbite in populist Ireland.


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    #79
    Frank Lee Midere
    Closed Accounts Posts: 3,780 ✭✭✭Frank Lee Midere


    jank wrote: »
    The top 10% pay 40% of the tax take, the next 10% pay 20% of the tax take. The bottom 10% pay something like .5% but sure 'taxing the rich' is an easy soundbite in populist Ireland.

    The top .1 % pay nothing.

    Taxing the rich would be a fine thing.


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    #80
    ceadaoin.
    Registered Users Posts: 8,141 ✭✭✭ceadaoin.


    dark crystal wrote: »
    This surprises you?

    That's almost 2k a week - Compared to what me and my partner earn, it's a bloody king's ransom!
    bigroad wrote: »
    To put it in context ,they are rich compared to someone on 20k.

    So anyone earning more than you is loaded and should be taxed over half their income?! Sure that person on 20k is loaded compared to someone on 12k. Objectively speaking someone earning 100k is not rich. Yes it's a good salary but after taxes etc it's wouldn't exactly be enough to live a lavish lifestyle


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    #81
    dark crystal
    Registered Users Posts: 10,962 ✭✭✭✭dark crystal


    ceadaoin. wrote: »
    So anyone earning more than you is loaded and should be taxed over half their income?!

    I don't know where you got all that from what I posted, tbh!
    Sure that person on 20k is loaded compared to someone on 12k. Objectively speaking someone earning 100k is not rich. Yes it's a good salary but after taxes etc it's wouldn't exactly be enough to live a lavish lifestyle

    In your opinion.

    If I was earning 100k or more a year, I would consider myself rich, or at least very well off. That was the question posed in the OP was it not? You may not consider it a lot of money, but I do.


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    #82
    the_syco
    Registered Users Posts: 37,295 ✭✭✭✭the_syco


    By rich, does she mean those who donate to her party, or to the not very rich, who don't donate, but spend their free time supporting the party? I'm guessing the latter.


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    #83
    ceadaoin.
    Registered Users Posts: 8,141 ✭✭✭ceadaoin.


    dark crystal wrote: »
    I don't know where you got all that from what I posted, tbh!



    In your opinion.

    If I was earning 100k or more a year, I would consider myself rich, or at least very well off. That was the question posed in the OP was it not? You may not consider it a lot of money, but I do.

    I didn't say I don't consider it a lot of money. Of course it is. I said its a good salary which I would love to earn tbh! You wouldn't be rich on it though. Well off yes, but not rich. A couple both earning the average salary would bring home more and they probably wouldn't be considered rich.


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    #84
    Sully
    Moderators, Education Moderators, Technology & Internet Moderators, Regional South East Moderators Posts: 24,056 Mod ✭✭✭✭Sully


    Interesting thread. Lots of people bemoaning her proposal as silly and unworkable. Which is true, but what intrigues me is the Sinn Fein economic policy has been founded on this exact idea and in other threads people are falling over each other to declare their support for them in their quest to an alternative approach to the way the government has done austerity.


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    #85
    Fred Swanson
    Closed Accounts Posts: 21,730 ✭✭✭✭Fred Swanson


    This post has been deleted.


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    #86
    jank
    Banned (with Prison Access) Posts: 13,018 ✭✭✭✭jank


    Frank Lee Midere wrote: »
    The top .1 % pay nothing.

    Taxing the rich would be a fine thing.
    Yes they do actually.


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    #87
    Arthur Beesley
    Closed Accounts Posts: 2,537 ✭✭✭Arthur Beesley


    How about we have the poor pay some income tax for a change?

    All state benefits should be taxable.

    I'm sick of bailing the poor out.


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    #88
    jank
    Banned (with Prison Access) Posts: 13,018 ✭✭✭✭jank


    Agreed with the above. Tax all benefits you get from the state. The more you benefit, the more you get taxed and there should be a maximum cap on what one household can get.
    Lastly for people under 30, if you are not working or learning you don't get a cent.


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    #89
    porsche959
    Closed Accounts Posts: 2,499 ✭✭✭porsche959


    Arthur Beesley wrote: »
    All state benefits should be taxable.

    Bit pointless, no?


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    #90
    lee_baby_simms
    Registered Users Posts: 3,412 ✭✭✭lee_baby_simms


    I read this thread as 'Joey Barton to increase tax on the Rich'.

    I need a coffee.


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    #91
    Caliden
    Registered Users Posts: 5,982 ✭✭✭Caliden


    Taxes have already hit diminishing returns which is shown by reduced consumer spending.

    This talk of 'economy recovering' are just projections for the next 6 months, i.e. it hasn't happened yet.
    People are spending less as they've less to spend.

    Why not increase the lower tax threshold to 36k. More disposable income, more consumer spending, more VAT, mo' money.

    Increasing taxes during a recession was pure idiotic.


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