aido79 wrote: » The members of U2 are all tax resident in Ireland so they are taxed at the highest rate of 47% plus all the usual taxes such as motor tax, vat property tax etc.
aido79 wrote: » In essence they are paying a hell of a lot of tax but avoiding paying over 60% of their earnings.
aido79 wrote: » I don't think there are many people who would avoid paying tax legally if they could but good old Irish begrudgery coupled with Bono being an asshole makes people believe that he pays little or no tax and is all mouth.
Emme wrote: » So is anyone else in Ireland who qualifies for the higher rate of tax and has a house and a car. Unlike the average Joe Soap who qualifies for the higher rate of tax but doesn't have the means to pay for a top tax advisor. If Bono kept his mouth shut, made a quiet but significant donation to a homeless charity (OK, maybe he has) but if didn't go around telling people what to do there would be less begrudgery. It's a real case of do what I say, not do what I do. People in Ireland have had a rough time since the crash (and some before it) and most of us have to account for every cent. I'm not an accountant so I don't know how much more the Irish exchequer would benefit if U2 paid all their tax in Ireland along with other high-value Irish businesses (U2 is first and foremost a business) who are registered overseas to avoid tax. The average Irish worker cannot do this and is screwed for every cent and left with just enough to survive in many cases. Ironically many are not in a position to donate anything to charity because they need all they can get to keep themselves from becoming homeless. Some donate their time instead. I agree with helping the homeless as long as the homeless get helped and not those who profess to help them while feathering their own nests with the donations of well-meaning people.
aido79 wrote: » Bono can't win with people like yourself. You admit you don't know anything about his charity donations. I would imagine you would see it as a publicity stunt if he did release details of his donations. I don't like the guy in any way but he does more for homelessness and other charities than most people give him credit for.
[Deleted User] wrote: » he could win by shutting the fcuk up about what ppl who aren't tax-avoiding multimillionaires 'should' do
aido79 wrote: » I agree with that. I just don't see why his tax affairs get dragged into it. Every millionaire in the country avoids paying tax because they can afford better accountants yet they don't all get the same attention as Bono.
[Deleted User] wrote: » they don't all seek it! there are a lot worse ppl in the world, but sanctimony is hard to take from someone in his position.
andekwarhola wrote: » What's the actual situ with the tax thing? I was under the impression that their publishing company was moved offshore but the members of the band pay personal income tax here which presumably is pretty sizeable given their earnings. Not cheerleading here, just wondering what the craic is. I'm a bit conflicted here as I personally think Bono is a bit of a tit and I can see that it's a contradictory to have that personal fortune and camapaign but maybe with a public figurehead urging people to donate, you'll still get far more people chipping in than would have otherwise.
andekwarhola wrote: » What's the actual situ with the tax thing? I was under the impression that their publishing company was moved offshore but the members of the band pay personal income tax here which presumably is pretty sizeable given their earnings. Not cheerleading here, just wondering what the craic is.
aido79 wrote: » It's easier to believe he doesn't pay any tax.
Defaulter1831 wrote: » Nobby tells the proletariat what to do whilst not paying tax in his country of birth where said problem is. Just fcuk off Nobby, you're just a mouthpiece.
King of Kings wrote: » This isnt true . Michael o leary pays all his tax in ireland afaik. Could weasel out of it with tax advisors but doesnt. He has a gob on him but thats a hugely redeeming feature. Bono and his crew were happy to take the artists grant for years off the state but happy then move their business abroad when they got rich. Disgusting.
King of Kings wrote: » its easier for some people to claim his critics say that...but nobody says it
aido79 wrote: » Do you really think Michael O'Leary's accountant does not try to reduce his tax bill? I still stand by my point that Bono pays a hell of a lot more tax than people seem to think he does.
colm_mcm wrote: » He allegedly has personal wealth of €600 million. He could dig deep, give away half his wealth and buy 100 houses. He doesn’t have to of course, it’s easier to do this ****e.
Geuze wrote: » The State spends close to 150m pa on the Dublin Region Homelessness.
King of Kings wrote: » Perhaps but he pays it in ireland under our codes and his cash is wasted by the state like the rest of ours. I dont think your point is relevant to this point. He does but he choose to pay some tax elsewhere too at the expense of ireland. Then he chooses to lecture us about whatever nonsense comes into his head to rub salt in the wound. And you wonder why people bite back? The other 3 lads as a guilty but as least keep their mouths shut and thus attract less vitriol. Bono is a pox.
lawred2 wrote: » Why should he do that?
ted1 wrote: » Very little of the companies income is actually generated in Ireland so it’s not ours to begin with.
colm_mcm wrote: » I’m not saying he should, I’m saying he could. Same way the audience shouldn’t (and don’t) have to dig deep and make a big donation if they don’t want to. My point is that with his immense wealth - he is in a position to rapidly make a tangible difference to homelessness in Dublin. He chooses not to in favour of asking the ordinary Joe for spare change in what is little more than an annual publicity stunt.
Franz Von Peppercorn wrote: » Paid taxes.