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Why I am leaving Ireland in 2019

1356

Comments

  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    theguzman wrote: »

    Overall combined taxation rates are close to 80% and we don't get any useful public services.

    There is many many more taxes which I haven't mentioned but the effective rate of tax is 80% and then you see people effectively working themselves into an early grave, busting their guts to keep the country moving for what?

    There are many problems in Irish society, but let me state that taxes are not 80% of income.

    Let me be totally clear and umambiguous here, taxes are not 80% of income.


  • Registered Users, Registered Users 2 Posts: 1,186 ✭✭✭OEP


    theguzman wrote: »
    €320k is really not a lot of money or wealth in terms or property nowadays and Inheritance tax should be got rid of in all shapes and forms, of all the taxes I loath this is number one as it will directly hammer me very hard, and my children (future) also.

    I don't know how anyone could defend the taxation of passing what you have to your loved one.

    Because you're going to have to pay tax on money you didn't earn, poor you. You complained earlier about people sitting on their arse getting the dole but you want to sit on your arse and inherit someone else's earned money? If you can't get by on €320k exemption, you've made a balls of your life somewhere and if you're inheriting more than that you clearly had a nice up bringing.

    I think 33% is too high but without inheritance tax the money just accumulates with families where only the 1st generation actually has to do any work to earn it, the rest can just live off it. That's hardly a society that rewards working, which seems to be part of your original complaint.


  • Moderators, Recreation & Hobbies Moderators Posts: 11,652 Mod ✭✭✭✭igCorcaigh


    Geuze wrote: »
    There are many problems in Irish society, but let me state that taxes are not 80% of income.

    Let me be totally clear and umambiguous here, taxes are not 80% of income.

    My guess is OP is a relatively high earner who has calculated their extra income by leaving the country.

    Fair enough. But there can be a loss that cannot be calculated too. Emigration is no longer for the desperate it seems.


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    theguzman wrote: »
    If you combine every form of direct and indirect tax, plus other Government charges you will really be disgusted. Income tax is just one tax. I would actually speculate that you'd pay less in the Nordic Countries, but irregardless whatever you pay you are receiving something in return unlike here.

    I do this all the time, part of my job.

    Total tax in 2017 = 68,568m

    https://www.cso.ie/en/releasesandpublications/er/gfsa/governmentfinancestatisticsoctober2018/

    Total income in Ireland = GDP = 294,110m

    Tax as % of GDP = 23.3%, very low tax level

    Now, GDP is not a good measure of Irish incomes, so we use GNI* instead = 181,182m

    Tax as % of GNI* = 38%


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze




  • Moderators, Recreation & Hobbies Moderators Posts: 11,652 Mod ✭✭✭✭igCorcaigh




  • Registered Users Posts: 124 ✭✭speckled_park


    Ireland is a grand country. You might need to go away to realise that. I worked in nz for 7 months , great experience, lovely people but the grass isnt always greener - low wages, poor housing standards, expensive fuel.

    Wont get the same craic, drink, humour or gaa anywhere else.


  • Registered Users Posts: 234 ✭✭yesto24


    theguzman wrote: »
    I have decided to pack my bags in 2019 and leave Ireland, hopefully permanently.

    The reason I am leaving is I no longer want to live in such regressive society where I am taxed into the ground. There is no incentive to do anything properly in the way I would like to do it.

    Overall combined taxation rates are close to 80% and we don't get any useful public services.

    Some quick facts below

    VAT is 23%

    Income tax is 20% on the first €43,550, 40% on earnings above this.

    Mineral Oil Tax on Petrol is 54.1% plus Carbon Tax of 4.5% + VAT @ 23%
    Mineral Oil Tax on Diesel is 42.5% plus Carbon Tax of 5.3% + VAT @ 23%

    Stamp Duty is 1% of Purchase Price on purchase of a home on the first 1 million, 2% after first million.

    Stamp Duty is 6% on all non Residential Property, e.g. Farmland or Commerical Property.

    Universal Service Charge

    Rate Income Band
    0.5% Up to €12,012
    2.5% From €12,012.01 to €19,372.00
    4.75% From €19,372.01 to €70,044.00
    8% From €70,044.01 to €100,000.00
    8% Any PAYE income over €100,000
    11% Non-PAYE (Self-employed) income over €100,000

    Local Property Tax if you own your own home varies with most people having €300 to €600 of a levy to pay, depending on the value of your home.

    Vehicle Registration Tax variesbut generates billions for the state each year on new and second hand cars imported from the UK.

    CAT Inheritance tax is 33% So imagine you go through life and pay all these taxes and maybe save money and then you reach a point where you want to hand it over to your children or appointed heir, the state will then come along and take 33% of it off you, this is money which was prevsiouly taxed already.

    There is many many more taxes which I haven't mentioned but the effective rate of tax is 80%

    I am not saying you are wrong but you facts about our tax is selective and misleading

    Vat is 23% and that is very high but not everything is at that rate. Most of our food is 0%

    Income tax rates are as you say but you left out the tax credits everyone gets.

    Fuel taxes are crazy and carbon taxes are just a con.

    Stamp duty is not really that high. Look up what is was about 5 years ago.
    For non residential property that just a cost of doing business and adds to the final price the customer pays.

    LPT is incredibly small by any other proper countries standard. Check what they pay in the USA, UK or Canada. Of course there it funds local government and services, here into the one big pot.

    USC gets a bit high on higher incomes. I would be in favour of a flat % on all income. No exemptions, you earn anything you pay some USC.

    VRT is high. But you are not going to win on this one. You see cars are evil. Not so evil that we get rid of them but evil enough to tax them loads.

    Inheritance tax you forgot about the first 300 and something thousand exempt for inheritance between children and parents.

    We do get a poor return for the taxes we pay but we do not pay as much as you imply in your post. Where did you get the 80% from.

    You are right that there is a very large portion of our population who pay zero or close to zero tax.


  • Registered Users, Registered Users 2 Posts: 2,081 ✭✭✭theguzman


    Geuze wrote: »
    There are many problems in Irish society, but let me state that taxes are not 80% of income.

    Let me be totally clear and umambiguous here, taxes are not 80% of income.

    Lets say you are paying 40% Income Tax, whatever you spend in your life is taxed at 23%, VAT, plus a whole host of all other taxes along the way of your life any savings has DIRT, then when you come to die and bequeath whatever you saved or had in property it all to whoever it will be taxed at 33%.

    If over the course of your life everything was accounted for you will find the tax burden is damn well over 70% and heading towards 80%. And this is not accounting for all the other costs because of inept Governance in Ireland such as effective Double medical taxation where Private Health Insurance is necessary, Cartel Car Insurance Providers; What is happening is a total and utter disgrace.

    If you manage to gather €1m over your life (realistically more) the state will get their hands on far too much of it.


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    theguzman wrote: »
    Lets say you are paying 40% Income Tax, whatever you spend in your life is taxed at 23%, VAT, .

    I spend 80-120 each week in the supermarket.

    I pay maybe 5 in VAT.

    Most foods are exempt from VAT.


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  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    theguzman wrote: »

    If you manage to gather €1m over your life (realistically more) the state will get their hands on far too much of it.

    If taxes are so high, the State must be flush with funds?

    Yet we have run a budget deficit each year for the past ten years?


  • Closed Accounts Posts: 1,628 ✭✭✭orourkeda1977


    _Kaiser_ wrote: »
    This will be unpopular but howandever...

    It's hard to argue with the OP in many ways and some of the responses are just typical of people in this country - this unwavering blind allegiance to a country that in many ways is no better than some of the third world places we collectively like to look down on.

    Yes we have a largely peaceful, politically stable (or I suppose you could also say stagnant) country with a generally liberal attitude to most things and those are certainly valuable and positive traits but there's so much else that is badly wrong too. This has become more evident in particularly the last few years with the lack of progress on key issues but the generally successful attempts to distract people with lots of easy-win social referenda instead.

    There's the headline things like healthcare, tax, housing (whether it's too much or not enough) - all of which seem to be perpetually a problem that we never get meaningful traction on but there's more fundamental issues too... The parochial "me fein" attitudes that are only matched by the begrudgery and inability to accept anything or anyone that doesn't fit the Irish norms (all the "bye now" comments are evidence of that).

    Add to that the half-assed "be grand" approach to pretty much everything (with predictable results) and people constantly trying to get one over on each other or "the man" (whether it be trying to get out of legitimate speeding tickets, or trying to find an angle to everything), and it's small wonder that things are the way they are really.
    We get the politicians and system we deserve and it's unfortunately still a very accurate reflection of most of Irish society. We all give out about the latest political scandal or outrage but many privately admit that they'd do exactly the same things given half a chance, which is why it persists.

    "Well if you don't like it, leave!" I hear all the indignant types shout. I've considered it in the past, but these days I have a child who I don't see enough as it is and I'm rapidly approaching my mid-40s so the chance has passed me by at this point anyway. That doesn't mean that I have to just accept that "it's how it is" though.

    Could things be worse? Definitely, and a lot worse! But they could be a lot better too and to be fair we're only doing this "independence" stuff a hundred years and so we're still learning in many ways, but it would be great if we collectively started to objectively look at the flaws and the gaps and started to demand better of our society as a whole.

    well f*ck off then

    Mod-Banned


  • Registered Users, Registered Users 2 Posts: 2,081 ✭✭✭theguzman


    Geuze wrote: »
    I spend 80-120 each week in the supermarket.

    I pay maybe 5 in VAT.

    Most foods are exempt from VAT.

    And so it should be , if you like an Alcoholic drink or even a Cigar or cigarettes again get ready to be hammered in Taxation.


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    theguzman wrote: »
    Lets say you are paying 40% Income Tax, .

    Only very, very high earners pay 40% income tax.

    Hundreds of thousands of earners pay 0% income tax here.

    My parents pay less than 10% on 49-50k income.

    I pay maybe 26-30% on an above average salary.


  • Registered Users, Registered Users 2 Posts: 21,808 ✭✭✭✭Water John


    If you like an alcoholic drink in Quatar, you'll get hammered, full stop.


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    theguzman wrote: »
    And so it should be , if you like an Alcoholic drink or even a Cigar or cigarettes again get ready to be hammered in Taxation.

    Yes, our alcohol and tobacco excise duties are high.

    Let's take PRSI.

    Ireland = 4%

    USA = 7.65% FICA and Medicare

    UK = 12%

    Germany = 20% approx


  • Registered Users, Registered Users 2 Posts: 2,081 ✭✭✭theguzman


    Geuze wrote: »
    I do this all the time, part of my job.

    Total tax in 2017 = 68,568m

    https://www.cso.ie/en/releasesandpublications/er/gfsa/governmentfinancestatisticsoctober2018/

    Total income in Ireland = GDP = 294,110m

    Tax as % of GDP = 23.3%, very low tax level

    Now, GDP is not a good measure of Irish incomes, so we use GNI* instead = 181,182m

    Tax as % of GNI* = 38%

    Our GDP is artificially inflated by Multinationals using it as tax haven, they pay very little if any taxes on these monies. Ordinary guys get hammered instead however.


  • Registered Users, Registered Users 2 Posts: 1,523 ✭✭✭con___manx1


    its not the lower and the higher earners that are suffering most its the people in the middle.


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    theguzman wrote: »
    Our GDP is artificially inflated by Multinationals using it as tax haven, they pay very little if any taxes on these monies.

    Indeed, MNC activity has distorted GDP, yes.

    Which is why I used GNI* as well.

    We pay 38% tax on our GNI* income.


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  • Registered Users, Registered Users 2 Posts: 9,474 ✭✭✭pgj2015


    theguzman wrote: »
    I'm a serious person, getting scuttered drunk is not something I do, the two last times I went to a pub was to take part in a quiz or for pub grub. I have traveled extensively around the world and actively avoid Irish people due their toxic relationship with Alcohol, my partner is not Irish and I have a different viewpoint to alot of Irish people on many things. Mediocrity is celebrated here whilst success is vilified.



    :rolleyes: the worst kind of Irish person, someone who is ashamed to be Irish and think they are better than other Irish people.


  • Moderators, Recreation & Hobbies Moderators Posts: 11,652 Mod ✭✭✭✭igCorcaigh


    its not the lower and the higher earners that are suffering most its the people in the middle.

    It's easy to move from middle to lower income bracket. I wonder why people don't do it?


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    yesto24 wrote: »
    I am not saying you are wrong but you facts about our tax is selective and misleading

    Vat is 23% and that is very high but not everything is at that rate. Most of our food is 0%

    Income tax rates are as you say but you left out the tax credits everyone gets.

    Fuel taxes are crazy and carbon taxes are just a con.

    Stamp duty is not really that high. Look up what is was about 5 years ago.
    For non residential property that just a cost of doing business and adds to the final price the customer pays.

    LPT is incredibly small by any other proper countries standard. Check what they pay in the USA, UK or Canada. Of course there it funds local government and services, here into the one big pot.

    USC gets a bit high on higher incomes. I would be in favour of a flat % on all income. No exemptions, you earn anything you pay some USC.

    VRT is high. But you are not going to win on this one. You see cars are evil. Not so evil that we get rid of them but evil enough to tax them loads.

    Inheritance tax you forgot about the first 300 and something thousand exempt for inheritance between children and parents.

    We do get a poor return for the taxes we pay but we do not pay as much as you imply in your post. Where did you get the 80% from.

    You are right that there is a very large portion of our population who pay zero or close to zero tax.

    A reasonable post.

    Note that LPT is directly paid to local councils, it does not "go into one big pot".

    Note that fuel taxes and carbon taxes are far more sensible than 50% marginal income tax rates.


  • Registered Users, Registered Users 2 Posts: 2,684 ✭✭✭triggermortis


    Sugar Free wrote: »
    OP I agree with some of your sentiment but I'd urge you to consider all aspects of life in the country you move to. For example, I live in a country considered to be low tax versus Ireland. I can take public transport with no restrictions covering about a fifth of the country for ~70e a month. In many circumstances I can sell assets without paying any CGT. I can pass on and inherit assets tax free (varies by state) to/from immediate family with no upper threshold.

    However, you have to pay mandatory health insurance premiums, which for most people are 200-300e per month regardless of whether you need to avail of any healthcare. And you still have a deductible you need to reach before you can claim anything back. It is extremely rare for employers to cover this unlike in Ireland where every global company worth it's salt gives you a good policy.

    You also have to pay a wealth tax when your net wealth is >70,000e (varies by state). Renting in the principal city makes Dublin rent look like postively good value and purchasing property suitable as a family home within 10km of said city centre is unattainable for almost everyone who isn't in investment banking or pharma. The cost of 5 days a week childcare is ~2200E a month. Per child. No discounts.

    So my point is be careful what you wish for! Ireland's income and CGT/CAT system is a bit dysfunctional but most countries that weren't built in the middle of a desert will find other ways to get you, even if their taxation looks great from the outside looking in.

    Sounds like you're in Switzerland.


  • Registered Users, Registered Users 2 Posts: 2,081 ✭✭✭theguzman


    its not the lower and the higher earners that are suffering most its the people in the middle.

    This, I myself would not even regard myself as middle class, so called lower and welfare class people actually have a better life, affordable subsidized housing, a fixed income of welfare, effective welfare security if you could call it that. I had a check engine light in my car today and I was literally praying it would be something small so I wouldn't have another big bill before Christmas. The middle class is decimated, every day there is something new to hammer them.


  • Posts: 0 [Deleted User]


    theguzman wrote: »
    Lets say you are paying 40% Income Tax, whatever you spend in your life is taxed at 23%, VAT, plus a whole host of all other taxes along the way of your life any savings has DIRT, then when you come to die and bequeath whatever you saved or had in property it all to whoever it will be taxed at 33%.

    If over the course of your life everything was accounted for you will find the tax burden is damn well over 70% and heading towards 80%. And this is not accounting for all the other costs because of inept Governance in Ireland such as effective Double medical taxation where Private Health Insurance is necessary, Cartel Car Insurance Providers; What is happening is a total and utter disgrace.

    If you manage to gather €1m over your life (realistically more) the state will get their hands on far too much of it.

    you are literally just adding all the taxes you can think of together

    its ridiculous but at least youll be no great loss to the accounting, economics or finance markets here anyway

    enjoy...wherever


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  • Registered Users Posts: 58 ✭✭manutd2007


    theguzman wrote: »
    I'm a serious person, getting scuttered drunk is not something I do, the two last times I went to a pub was to take part in a quiz or for pub grub. I have traveled extensively around the world and actively avoid Irish people due their toxic relationship with Alcohol, my partner is not Irish and I have a different viewpoint to alot of Irish people on many things. Mediocrity is celebrated here whilst success is vilified.

    you sound like good craic don't go please :) agree with you on the money issues, also don't take life too serious your too uptight I can tell by this outburst, chill out you'll be dead soon enough.


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    theguzman wrote: »
    This, I myself would not even regard myself as middle class, so called lower and welfare class people actually have a better life, affordable subsidized housing, a fixed income of welfare, effective welfare security if you could call it that. I had a check engine light in my car today and I was literally praying it would be something small so I wouldn't have another big bill before Christmas. The middle class is decimated, every day there is something new to hammer them.

    The problem is:

    high property costs
    high medical costs
    high legal fees
    high insurance costs
    high energy costs

    What's to blame is cartels and protected professions.


  • Registered Users Posts: 234 ✭✭yesto24


    Geuze wrote: »
    A reasonable post.

    Note that LPT is directly paid to local councils, it does not "go into one big pot".

    Note that fuel taxes and carbon taxes are far more sensible than 50% marginal income tax rates.

    You would think that and that is what we were told. But it's not the case.
    First off not all of the LPT paid to the local council stays with the council a good % of it goes to the have nots counties a sort of tax equilization. And second (I was told this by a Dublin City Council engineer I was working for) because DCC got so much money from the LPT other funds they would have gotten from the National government was cut.
    Same result.

    Fuel taxes I don't know about would have to look at it more.

    Carbon taxes are just a con. An excuse to tax us more for no return.


  • Moderators, Recreation & Hobbies Moderators Posts: 11,652 Mod ✭✭✭✭igCorcaigh


    Geuze wrote: »
    The problem is:

    high property costs
    high medical costs
    high legal fees
    high insurance costs
    high energy costs

    What's to blame is cartels and protected professions.

    Totally agree. Dysfunctional markets and vested state/class interests.


  • Registered Users, Registered Users 2 Posts: 2,081 ✭✭✭theguzman


    You could nearly pave the roads in Goldleaf or run a highspeed rail to Donegal if the taxes on Transportation were ringfenced for Public Transport.

    VAT on top of Fuel Duty, Motor Tax, VRT with VAT on top of that, Road Tolls, Various Taxes and Levies on Insurance Policies. High insurance costs because of Government inaction and vested interests.


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  • Moderators, Recreation & Hobbies Moderators Posts: 11,652 Mod ✭✭✭✭igCorcaigh


    theguzman wrote: »
    You could nearly pave the roads in Goldleaf or run a highspeed rail to Donegal if the taxes on Transportation were ringfenced for Public Transport.

    VAT on top of Fuel Duty, Motor Tax, VRT with VAT on top of that, Road Tolls, Various Taxes and Levies on Insurance Policies. High insurance costs because of Government inaction and vested interests.

    Yeah. We do need more ringfenced tax, with visibility, and proper funding of local authorities.


  • Posts: 0 [Deleted User]


    theguzman wrote: »
    You could nearly pave the roads in Goldleaf or run a highspeed rail to Donegal if the taxes on Transportation were ringfenced for Public Transport.

    VAT on top of Fuel Duty, Motor Tax, VRT with VAT on top of that, Road Tolls, Various Taxes and Levies on Insurance Policies. High insurance costs because of Government inaction and vested interests.

    why are you not responding to any of the posts pointing out that you are wrong, factually very wrong, about all of your figures?


  • Registered Users, Registered Users 2 Posts: 1,523 ✭✭✭con___manx1


    igCorcaigh wrote: »
    It's easy to move from middle to lower income bracket. I wonder why people don't do it?
    its easier now to move from the lower to middle than it ever has been. there is **** all of a difference between say someone on 24000 and 37 a few grand after the ****in tax man.


  • Moderators, Recreation & Hobbies Moderators Posts: 11,652 Mod ✭✭✭✭igCorcaigh


    its easier now to move from the lower to middle than it ever has been. there is **** all of a difference between say someone on 24000 and 37 a few grand after the ****in tax man.

    I agree. Both are bad wages though.
    My bf works damn hard as a chef in a busy kitchen, takes home 400 and something a week.

    USC takes a large chunk. ****ey regressive tax.


  • Registered Users, Registered Users 2 Posts: 33,639 ✭✭✭✭Princess Consuela Bananahammock


    Geuze wrote: »
    The problem is:

    high property costs
    high medical costs
    high legal fees
    high insurance costs
    high energy costs

    What's to blame is cartels and protected professions.the electorate for voting for and tolerating it.

    FYP.

    Everything I don't like is either woke or fascist - possibly both - pick one.



  • Moderators, Recreation & Hobbies Moderators Posts: 11,652 Mod ✭✭✭✭igCorcaigh


    FYP.

    Sensible as old boots, our electorate are.
    We need a decent left of centre opposition.
    This is Labour's fault.


  • Registered Users, Registered Users 2 Posts: 33,639 ✭✭✭✭Princess Consuela Bananahammock


    igCorcaigh wrote: »
    Sensible as old boots, our electorate are.
    We need a decent left of centre opposition.
    This is Labour's fault.

    I know. The opposition's fault for FORCING you to vote for a party you KNOW are corrupt and going to **** you over, right?

    Everything I don't like is either woke or fascist - possibly both - pick one.



  • Registered Users, Registered Users 2 Posts: 1,435 ✭✭✭Austria!


    theguzman wrote: »

    Income tax is 20% on the first €43,550, 40% on earnings above this.


    Thinly veiled "I have a spouse" thread.


  • Registered Users, Registered Users 2 Posts: 33,639 ✭✭✭✭Princess Consuela Bananahammock


    Austria! wrote: »
    Thinly veiled "I have a spouse" thread.

    What? Spouse? That's not fair. If he gets a spouse, I want one too.

    Everything I don't like is either woke or fascist - possibly both - pick one.



  • Closed Accounts Posts: 6,438 ✭✭✭j8wk2feszrnpao


    Classic cop-out line.
    Because it's not great either in country (a), (b) or (c), we can't be arsed improving our lot. Learned helplessness.
    Where did I state that we shouldn't be arsed?
    Don't be so stupid. I just pointed out that it's not a unique situation for Ireland, and therefore not a simple solution otherwise it won't be replicated in other countries.


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  • Closed Accounts Posts: 26,658 ✭✭✭✭OldMrBrennan83


    Left here once but never would again.


  • Registered Users, Registered Users 2 Posts: 5,874 ✭✭✭Edgware


    Stanford wrote: »
    Have you checked out less regressive tax countries or are you just venting?

    He could always try Uranus


  • Registered Users Posts: 2,388 ✭✭✭Cina


    Every week there seems to be a new thread on boards moaning about our country. Honestly if a foreigner came on here and read these threads they'd probably think Ireland is some third world sh*thole.

    The reality however couldn't be further from the truth. Ireland is one of the world's best countries to live in, just about every metric out there confirms that. People don't like to hear it because we're such an entitled "grass is greener" bunch who think "woe on us" for everything. Yes, Ireland is not perfect, not be a long shot, but I guarantee if these moaners spent time living in 90% of the world's other countries they wouldn't be complaining anymore.

    The op and others on here seem to be using the Nordics, Switzerland, and Germany as examples of better countries than ours. Well, yeah, maybe they are, maybe they do things better than us, but they have their issues too. Nitpicking the 4-5 best countries in the world to live in as a brush to beat Ireland with is silly.


  • Registered Users, Registered Users 2 Posts: 5,874 ✭✭✭Edgware


    Cina wrote: »
    Every week there seems to be a new thread on boards moaning about our country. Honestly if a foreigner came on here and read these threads they'd probably think Ireland is some third world sh*thole.

    The reality however couldn't be further from the truth. Ireland is one of the world's best countries to live in, just about every metric out there confirms that. People don't like to hear it because we're such an entitled "grass is greener" bunch who think "woe on us" for everything. Yes, Ireland is not perfect, not be a long shot, but I guarantee if these moaners spent time living in 90% of the world's other countries they wouldn't be complaining anymore.

    The op and others on here seem to be using the Nordics, Switzerland, and Germany as examples of better countries than ours. Well, yeah, maybe they are, maybe they do things better than us, but they have their issues too. Nitpicking the 4-5 best countries in the world to live in as a brush to beat Ireland with is silly.
    Most of these posters idea of a move is going from Mammys front room to the back room


  • Registered Users, Registered Users 2 Posts: 3,246 ✭✭✭TomSweeney


    theguzman wrote: »
    ...
    CAT Inheritance tax is 33% So imagine you go through life and pay all these taxes and maybe save money and then you reach a point where you want to hand it over to your children or appointed heir, the state will then come along and take 33% of it off you, this is money which was prevsiouly taxed already.

    ...





    This really really makes my blood boil, just pure criminal mafia stealing scum the government are.


  • Registered Users Posts: 3 RickFlash


    The Inheritance Tax is a shambles. As OP said, it gives nobody incentive to do well. A true pity.

    But even with all that crap, it's still home and Qatar would be a huge culture shock to move to. They have strict social laws that our government thankfully don't agree with.


  • Registered Users, Registered Users 2 Posts: 4,331 ✭✭✭Keyzer


    theguzman wrote: »
    You will work all your life in Ireland, possibly have children or not, but if you want to give whatever you saved to your heir they will pay 33%, in the US and other countries they would pay zero.

    Perhaps you should do some more research before you sail off into the sunset:

    Ireland CAT
    CAT tax free threshold is €320,000 (increased from €310,000 in Budget 2019 ). This applies to your children and parents. The Inheritance Tax charged will be 33% on anything above €320,000.

    UK
    CAT tax free threshold is £325,000. The Inheritance Tax charged will be 40%
    on anything above £325,000.


  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    igCorcaigh wrote: »
    USC takes a large chunk. ****ey regressive tax.

    Note that USC is a progressive tax, as the effective rate increases as income increases.


  • Registered Users, Registered Users 2 Posts: 1,186 ✭✭✭OEP


    RickFlash wrote: »
    The Inheritance Tax is a shambles. As OP said, it gives nobody incentive to do well. A true pity.

    But even with all that crap, it's still home and Qatar would be a huge culture shock to move to. They have strict social laws that our government thankfully don't agree with.

    How doesn't it give you an incentive to do well? You don't get taxed on it, your children do when you die! So you get to enjoy your hard earned money while you're alive. By not taxing inheritance, the lottery of birth basically decides your future wealth, more so than it does already.


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  • Registered Users, Registered Users 2 Posts: 13,746 ✭✭✭✭Geuze


    TomSweeney wrote: »
    This really really makes my blood boil, just pure criminal mafia stealing scum the government are.

    I'm interested in these very emotional responses to CAT.

    Of many taxes, CAT in particular seems be evoke a very strong response from people.

    Of course, most people in Ireland don't know what CAT is, and will never pay it, as any gift or inheritance they receive will be below the threshold.


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