*I should say the new rate under consideration by the government
I think this is a great idea. Please God it gets introduced this year!
Middle income is like 42000 – 60000 I would say
This is a great idea and would make a real difference to a lot of people. Fingers crossed
Probably a good idea. Would like to see a higher rate super rich tax rate too. Feckers would probably all head abroad though.
Would make sense. There’s a sharp increase in tax after you hit a certain salary level. If you’re hovering around the level things like overtime or bonii become counter productive.
Remove USC for low earners.
The standard rate cut-off point in Budget 2005 was about 30k. Adjusting for inflation since then it should be at about €40k (assuming 1.2% compounding for 22 years), but it’s actually at €36,800 for this year, and that’s without mentioning USC being introduced in the meantime. A move to reassess what is actually a high earner salary now and smooth out the transition from standard to the high rate is long overdue, while also being more progressive.
The high rate hits way too early. So anything that helps
It would be great yes….but don’t you worry they will give with one hand and take with the other in another shape or form
Got to love Leo just floating ideas around, just heard a reporter on late debate that the finance department where shocked
Sounds reasonable. Please Pascal, have a mini budget and implement this.
80+
I’ll believe it when I see it. Varadkar and Fine Gael have been promising significant taxation reform since the 2016 General Election. They haven’t done an iota to bring it about. Talk is cheap.
It won’t get introduced, basing that purely on my own negative outlook. Soz, please just make me happy everyone, I want to live.
Hopefully that’s the case. I’m assuming here that you’d currently nearly break even or possibly make more if you were on 36k vs 40k a year. ( Too lazy to do the math), but wouldn’t be surprised if that was the case.
Well I heard Leo describe himself as middle class the other day so I expect they mean in or around €150k. /s
They don’t need another more complicated tax rate just move the point where the higher rate kicks in to €50,000 and reduce VAT to 20% for starters
Government desperate to buy back all their voters
Noone is addressing the elephant in the room which is: what are we getting for the shitload of taxes we pay?
21 comments
Over 1 and below 100.000 €
*I should say the new rate under consideration by the government
I think this is a great idea. Please God it gets introduced this year!
Middle income is like 42000 – 60000 I would say
This is a great idea and would make a real difference to a lot of people. Fingers crossed
Probably a good idea. Would like to see a higher rate super rich tax rate too. Feckers would probably all head abroad though.
Would make sense. There’s a sharp increase in tax after you hit a certain salary level. If you’re hovering around the level things like overtime or bonii become counter productive.
Remove USC for low earners.
The standard rate cut-off point in Budget 2005 was about 30k. Adjusting for inflation since then it should be at about €40k (assuming 1.2% compounding for 22 years), but it’s actually at €36,800 for this year, and that’s without mentioning USC being introduced in the meantime. A move to reassess what is actually a high earner salary now and smooth out the transition from standard to the high rate is long overdue, while also being more progressive.
The high rate hits way too early. So anything that helps
It would be great yes….but don’t you worry they will give with one hand and take with the other in another shape or form
Got to love Leo just floating ideas around, just heard a reporter on late debate that the finance department where shocked
Sounds reasonable. Please Pascal, have a mini budget and implement this.
80+
I’ll believe it when I see it. Varadkar and Fine Gael have been promising significant taxation reform since the 2016 General Election. They haven’t done an iota to bring it about. Talk is cheap.
It won’t get introduced, basing that purely on my own negative outlook. Soz, please just make me happy everyone, I want to live.
Hopefully that’s the case. I’m assuming here that you’d currently nearly break even or possibly make more if you were on 36k vs 40k a year. ( Too lazy to do the math), but wouldn’t be surprised if that was the case.
Well I heard Leo describe himself as middle class the other day so I expect they mean in or around €150k. /s
They don’t need another more complicated tax rate just move the point where the higher rate kicks in to €50,000 and reduce VAT to 20% for starters
Government desperate to buy back all their voters
Noone is addressing the elephant in the room which is: what are we getting for the shitload of taxes we pay?