Ireland the land of taxes and endless "fees"

I wasn't replying to you. I don't know why people aren't reading what I'm actually saying or who I'm saying it to, it's quite strange.

You might think 125k is megamoney but it is a very standard kind of pay for a global professional. Taking 40% or more from a hard working person who has tried to better themselves is wrong in my opinion (and fact the rate kicks up to 40% at 40k is an absolute travesty ).

In principle I think there should be a tax ceiling on how much tax a government can charge an individual no matter their earnings.

The reason for this is obvious if you live in Ireland as Irish people are getting nickle and dimed with stealth taxes on top of their income taxes.

So you pay income tax ,PRSI, and USC, but then they get you with very high rates on VAT, then property tax, capital gains tax your pension and funds (up to 40% for ETF), bin tax (company fee), electricity standing fees, TV tax (tv license), fuel tax@49%, VRT, road tax (tolls), car tax, business rates for business owners, insurance levy, sugar levy, takeaway cup levy , bank levy , credit card levy, savings account levy, even a concrete block levy ffs, . They are continually adding new taxes and levies while not removing the old ones!!!

Basically these are mandatory taxes you have to pay if you live here and they easily add up to 50% plus tax on your earnings.

There should be a calculation where when a new tax is introduced or raised above a threshold they need to reduce another tax to alleviate the overall tax burden.

It's the overall tax burden that is helping to drive up costs here .

No, simply incorrect.

if it was funded or could be proportionally to the number of people who need to use it. No problem… so please desist with your disinformation with your trillion and it wouldn’t be good enough. Nobody is asking for immediate. They are asking for a good and efficient healthcare service.. proportioned and suitable to the healthcare requirements of each patient… as works in other countries. . Unfortunately the extra demand from outside on our taxes is a major issue. People die because of it.

and…

if the population and therefore demand on it wasn’t increasing at such an obscene rate.

current population… 5.02 million

Population in 2002… 3.89 million

a country, of our size with a population growth of… 1.13 million people in 20 years… on this small island that’s dispiriting, foolhardy, tear away and despicable ‘fûck it’ thinking.…

If more people arrive… more services need to be provided…. If alll these people get free accommodation and benefits, free education, free travel… free this and that…. Essential services get worse…… less money to pay for current demand never mind increased.

so these taxes and fees are required just to get a poor return for our money… great. Endless, enveloping poor value…

So you want tax breaks for the top 5% and you want reduced public spending to fund it. You'd never get it to the Dail never mind get it passed. I know you won't name the country you were talking about before for whatever reason but how about you name a country that has a similar taxation system to what you're proposing here. Then we can actually discuss what your proposals actually might look like in practice.

Yes, and that's something we really need badly here.

Agreed. In fact in a lot of large companies it's possible to get contribution matches into your pension. So we have a 7% match. Meaning I pay 7% of my pretax income into my pension, and the company pays another 7%. The 7% costs me 3.5% in reality as it's a pretax contribution. One of the easiest and most straight forward ways to avoid income tax

Pretty much the only way to reduce income tax substantially isn't it.

I think that is good, but limits personal choice in terms of investing substantially e.g. compared to 410k or Australian system. Pensions in Ireland get hit with high fees.

Yes interesting graphs.

However - take GNI* - our income in Ireland adjusted for multinational earnings in 2021 - €323 Billion

Source - Central Statistics Office

Total Expenditure €104 Billion

Source - Where Your Money Goes - government funded website

Net Tax Rate - 32%

I don't want anybody to pay more than 50% tax whoever they are. Why should the government take more than half of your earnings. It's nonsensical.

As I pointed out before, in this country you need to be earning ~€700,000 a year to pay over 50% of your wages to the government. And that's as a single person with no deductions. Honestly, who gives a shite what somebody earning that amount of money wants? And I don't care about marginal tax rates either, I care what you actually pay at the end of the month, not what you feel you pay.

Also, you said you didn't want anyone paying over 40% earlier, now it's 50%. It'd be a lot easier if you could just name a country you'd like to emulate like I asked earlier.

I think you'd be surprised. Middle Ireland is pissed off at how much money is given out to lifetime dole wasters. (As always, this group is only the perennial unemployed, not including carers pensioners etc).

I don't know of a single developed country on Earth that would have such a low effective tax rate on earners. Even the US has no such cap. You could execute every single one of the perennially unemployed and the entire prison population along with it and the economy would still go straight into recession once you reduced government spending in the economy that would be required by such a tax cut. And that's just for starters, inequality would explode and middle Ireland would soon find out how much of their wealth actually comes from the redistribution of other peoples taxes.

Just as a matter of interest, do you have any figures of what we pay out to the terminally unemployed each year for reference?

Or there could be a root and branch review in the 2 depts of largest spend public sector and welfare and savings made there.

You were asking where the shortfall would come from and if we made savings then there would be no shortfall if taxes were lowered. Can you move the conversation on for phuck sake.