Age tax over 40’s

bri007 · 13-05-2019 11:26PM #1

Talking about this tonight on the tonight show, also on the indo today;

https://www.google.ie/amp/s/amp.independent.ie/irish-news/health/call-for-agetax-on-over40s-to-defuse-care-timebomb-38104677.html

Just after getting a mortgage myself, I’ll be 40 in a few years, already taxed to the hilt and pretty much broke I don’t think I could afford another tax.

Is this a fair tax or justified?

Erik Shun · 13-05-2019 11:27PM

bri007 wrote: »

Talking about this tonight on the tonight show, also on the indo today;

https://www.google.ie/amp/s/amp.independent.ie/irish-news/health/call-for-agetax-on-over40s-to-defuse-care-timebomb-38104677.html

Just after getting a mortgage myself, I’ll be 40 in a few years, already taxed to the hilt and pretty much broke I don’t think I could afford another tax.

Is this a fair tax or justified?

Shut up and pay your dues old man!

Autosport · 13-05-2019 11:27PM

I’m watching it now

ILoveYourVibes · 13-05-2019 11:30PM

bri007 wrote: »

Talking about this tonight on the tonight show, also on the indo today;

https://www.google.ie/amp/s/amp.independent.ie/irish-news/health/call-for-agetax-on-over40s-to-defuse-care-timebomb-38104677.html

Just after getting a mortgage myself, I’ll be 40 in a few years, already taxed to the hilt and pretty much broke I don’t think I could afford another tax.

Is this a fair tax or justified?

I think its unfair.

Plus at that age you are more likely to have kids etc.

I think any govt that introduces it is doomed imo.

endacl · 13-05-2019 11:31PM

I've made provision for my retirement. This planning includes pensions, property, and continuing to work on my own terms. Not because I anticipate having to continue working, but because I want to.

I'm fully in favour of the proposition, but only for people who haven't yet put anything in place.

bri007 · 13-05-2019 11:34PM

I agree. We are thinking of having children in the next year or so, but we were looking at finances and decided to hold off a year or so.

Then we hear this tonight and to be honest if this came in and it was costly we would highly consider not having children.

ILoveYourVibes wrote: »

I think its unfair.

Plus at that age you are more likely to have kids etc.

I think any govt that introduces it is doomed imo.

Fr_Dougal · 13-05-2019 11:38PM

Bring back full college tuition fees, problem solved.

NaFirinne · 13-05-2019 11:39PM

I think most people in their 40's would have a young family to look after and take care of.

I see this making life harder for those families.

jester77 · 13-05-2019 11:43PM

Everyone pays that tax here in Germany, don't know why they would wait until you are 40 before paying it. It is collected alongside the mandatory health insurance. It's only costs me around €40 month, not exactly a lot to be complaining about.

nlrkjos · 13-05-2019 11:50PM

What bothers me about this is the word "ringfenced", does not happen in Ireland, some gobshyte politician will pump it into a pet project coming up to elections, or it will be plundered like the "private pension fund" when the next recession is forced upon us!! and if I have to pay this, will I be subsidising some useless layabout signing the dole for years ?

ILoveYourVibes · 13-05-2019 11:53PM

Fr_Dougal wrote: »

Bring back full college tuition fees, problem solved.

I doubt it.
We already have the second highest tuition fees in all of europe.

https://www.thejournal.ie/college-fees-ireland-3675177-Nov2017/

Anyway in the majority of cases who pays for that? Parents over forty!

Your Face · 13-05-2019 11:53PM

They have chosen their targets well with regards to potential opposition.
Nobody is going to launch a Twitter campaign for the unfashionable over-40yr old worker.

ILoveYourVibes · 13-05-2019 11:55PM

NaFirinne wrote: »

I think most people in their 40's would have a young family to look after and take care of.

I see this making life harder for those families.

I think it would push some over the edge.

I don't think they should have it for married people.

Against it in general but definitely not for families.

ILoveYourVibes · 13-05-2019 11:56PM

Your Face wrote: »

They have chosen their targets well with regards to potential opposition.
Nobody is going to launch a Twitter campaign for the unfashionable over-40yr old worker.

I will.:mad:

And I am their worst nightmare.

You like people who get up early for work do ya Leo? ME BOLLIX!

You are gonna have to eat your words now aren't ye! And me Bollix!

eagle eye · 14-05-2019 12:08AM

Gay man who knows nothing about family leading the country and then there's this ****. Colour me not shocked.

kowloon · 14-05-2019 12:10AM

If I promise to die early do I still have to pay this?

14-05-2019 12:11AM

Absolutely not. I hate the idea.

My reading of it is that it amounts to nothing more than a transfer of wealth from workers to the relatives of a deceased person. Granny and Grandad will no longer have to sell their home under the Fair Deal scheme for nursing homes, so the family still get to inherit it, but you and I pay for their Granny or Granddad's nursing home.

In other words, workers will now be paying for the right of families to inherit property, while such workers may themselves be unable to get a mortgage.

It's a No from me. If you need the State to pay for your nursing home, you must pay for part of it yourself, you don't need your own home.

Whack another 30% on top of the inheritance tax while we're at it, Paschal.

ILoveYourVibes · 14-05-2019 12:13AM

kowloon wrote: »

If I promise to die early do I still have to pay this?

Gosh this is really dark.

CosmicFool · 14-05-2019 12:13AM

eagle eye wrote: »

Gay man who knows nothing about family leading the country and then there's this ****. Colour me not shocked.

Because straight men know everything about Family. :rolleyes:

Fr_Dougal · 14-05-2019 12:18AM

ILoveYourVibes wrote: »

I doubt it.
We already have the second highest tuition fees in all of europe.

https://www.thejournal.ie/college-fees-ireland-3675177-Nov2017/

Anyway in the majority of cases who pays for that? Parents over forty!

Eh...that’s the idea...otherwise you can’t tax based on age, it’s discriminatory.

kowloon · 14-05-2019 12:20AM

ILoveYourVibes wrote: »

Gosh this is really dark.

But cost effective

14-05-2019 12:26AM

Fr_Dougal wrote: »

Eh...that’s the idea...otherwise you can’t tax based on age, it’s discriminatory.

OAPs who work into their retirement pay way less income tax than younger workers.

If you're married and you're an OAP, you can earn 36k without paying any income tax.

Stovepipe · 14-05-2019 03:01AM

jester77 wrote: »

Everyone pays that tax here in Germany, don't know why they would wait until you are 40 before paying it. It is collected alongside the mandatory health insurance. It's only costs me around €40 month, not exactly a lot to be complaining about.

That's in a population ten times larger than ours. We don't have the same economic mass as theirs.

14-05-2019 03:06AM

Stovepipe wrote: »

That's in a population ten times larger than ours. We don't have the same economic mass as theirs.

Notwithstanding arguments about economies of scale, I assume the same proportion of people grow old in Germany over the long term. So s/he probably has a point that it 'works'.

I think this proposal would work, I just think it's unfair. Let the assets of the elderly pay for their needs, and we as a society will cover any shortfall.

s7ryf3925pivug · 14-05-2019 03:10AM

I pay a lot of tax for benefits that go to other people. This would be more of the same.

whisky_galore · 14-05-2019 03:36AM

You can't touch the entitlements of the "grey vote", but you can have a go at the "about to be grey" set because they're already taking the hits for everyone else and don't have the time or energy to protest.

They should look at a superannuation system like Australia. Suspicious of a tax that could go to fund anything.

whisky_galore · 14-05-2019 03:39AM

ILoveYourVibes wrote: »

I think it would push some over the edge.

I don't think they should have it for married people.

Against it in general but definitely not for families.

Not everyone with a family is married. It's not the 1950s.

But it's ok for single people? Really?

Cookie_Monster · 14-05-2019 04:12AM

why 40? everyone gets old, surely it makes sense to allow for this from the very earliest stage instead of arbitrarily selecting an age. And won't it also fail on discrimination grounds?

Cut the children's allowance after the first child to 0 and use this to pay for it instead

ILoveYourVibes · 14-05-2019 04:18AM

Cookie_Monster wrote: »

why 40? everyone gets old, surely it makes sense to allow for this from the very earliest stage instead of arbitrarily selecting an age. And won't it also fail on discrimination grounds?

Cut the children's allowance after the first child to 0 and use this to pay for it instead

Utterly. And i think your last statement demonstrates the utter ridiculousness of the plan.

LionelNashe · 14-05-2019 04:33AM

If this was being brought up or even discussed by politicians, it would be newsworthy, but it's not, and it's not. Any organisation can write a 'report'.

Zorya · 14-05-2019 06:22AM

They are doing it wrong. On the appointed Lastday we report to the Sleepshop. Age to be determined by our beloved overlords.

Age tax over 40’s

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