After seeing the waste that goes on in our so-called public services and the inability for any government to make a meaningful change, give us some of our own money back and we’ll spend it as we see fit. Thanks.
I think they make fair points on the inflation aspect. Also, it does seem to make more sense to give tax cuts during the recession to stimulate growth and not do it when you are trying to counter inflation.
It’s the easiest short sighted political boost a government can do.
Cut taxes, slash spending. Joe Bloggs sees a extra fiver on his paycheque that doesn’t really mean much. Fallout will be the next governments problem.
The tax cuts should come on investments. Cutting taxes on ETFs will allow the public to invest and grow their wealth, increasing the wealth of the country too.
This prevents an immediate surge of inflation that income tax cuts on their own would cause.
Also, not moving tax thresholds with inflation is a defacto tax increase. The changes the government propose are still resulting in workers paying more than they did last year.
Ohh no! Don’t cut taxes. How dare my neighbor get to live a better life! Hurr durr. Let the government rob him and pull him down!
Not to forget Ireland’s claim to fame is international tax dodging. How can reduced tax be good for corporations but not Joe Soap?
Whenever someone talks about their high paying job. People take a sigh of relief by doing a mental gymnastics about money being robbed from him. That’s how they sleep easy. Not by thinking how government will spend the money. But by knowing the money has been snatched from this person
Booming by what definition? The article says “headline position is strong” and says this is due to an unexpectedly high corporate tax take. Aka. Multinationals. That wealth doesn’t trickle down to everyone. But everyone pays taxes. The author seems to want to help the most vulnerable, and that’s fine. To suggest the middle class couldn’t use a break on USC or a reduced tax rate because multinationals are chugging along and poor people still exist isn’t a real argument. It’s a really broad opinion that fails to grasp the reality of who votes.
>Budget 2024 should focus on improving welfare payments
​
GTFO
Stupid gov decisions
The only tax cut acceptable to the denizens of the Irish Times is the 1 euro on a bottle of wine which should be removed fortwith!
The problem with Irish politics is no one is willing to invest in a long term project as they never see the benefits. We should be investing in public transport, green energy, a building agency to build tens of thousands of houses and an affordable retrofitting scheme for every other habitual building in the country.
That won’t get you your fecking votes. It’s just more inflation ffs
Just cut taxes for American corporations
Sure the rest of us will be grand
The 40% tax rate should be at 50,000 not 36,000 that’s ridiculous
Even more ridiculous seeing as only two groups have ever been in power. You’d think they’d take a chance on something with a time frame of more than 5 years just once.
I think welfare should improve but revenue given more resources to go after people not paying tax/ taking cash work and staying on the dole.
Why does the media class hate tax cuts?
It’s quite amazing that supposedly ‘left’ leaning institutions/politicians (Holly Cairns and now ICTU) have been goaded by the government into supporting right-wing ‘fiscal responsibility’ narratives, while thinking they are defending left-wing progressive policies.
Keeping a progressive tax is good, sure – but using all the _wrong arguments_ for keeping it, in a way that signals that these people _use exactly the same economic narratives as FG_ – is ball-achingly incompetent.
The no.1 mistake is supporting the “taxes fund government spending” narrative – and while there is truth to that because of the restrictions of the Euro, it is a BIG mistake not to fight that narrative – because it leads directly to austerity politics in recessions.
The next mistake is talking about inflation _as if workers are causing it, and need their spending power destroyed_ – when it is _corporate profiteering, and the war in Ukraine (i.e. oil prices) causing it_ – so straight away we know which side of the class-war these people are on: The side of business and powerful elites, trying to destroy worker bargaining power and wages/income (and this from the fucking ICTU leader!).
I mean the head of ICTU is fighting to _keep workers taxed more_, in the name of fighting inflation – even when the inflation has fuck all to do with workers! (all FG had to do was say they’d cut a _progressive_ tax to make ICTU say this – and ICTU are so stupid, they just straight out opposed this instead of advocating cuts of a _different_ tax)
Spending money on a social support for workers, and cutting a (non-progressive) tax on workers _are effectively the same thing_ – and they completely missed the boat on that narrative.
Members of ICTU need to very vocally kick Owen Reidy in the ass over this, and look to get him out of his role if he doesn’t quickly move to worker-friendly narratives on this.
18 comments
After seeing the waste that goes on in our so-called public services and the inability for any government to make a meaningful change, give us some of our own money back and we’ll spend it as we see fit. Thanks.
I think they make fair points on the inflation aspect. Also, it does seem to make more sense to give tax cuts during the recession to stimulate growth and not do it when you are trying to counter inflation.
It’s the easiest short sighted political boost a government can do.
Cut taxes, slash spending. Joe Bloggs sees a extra fiver on his paycheque that doesn’t really mean much. Fallout will be the next governments problem.
The tax cuts should come on investments. Cutting taxes on ETFs will allow the public to invest and grow their wealth, increasing the wealth of the country too.
This prevents an immediate surge of inflation that income tax cuts on their own would cause.
Also, not moving tax thresholds with inflation is a defacto tax increase. The changes the government propose are still resulting in workers paying more than they did last year.
Ohh no! Don’t cut taxes. How dare my neighbor get to live a better life! Hurr durr. Let the government rob him and pull him down!
Not to forget Ireland’s claim to fame is international tax dodging. How can reduced tax be good for corporations but not Joe Soap?
Whenever someone talks about their high paying job. People take a sigh of relief by doing a mental gymnastics about money being robbed from him. That’s how they sleep easy. Not by thinking how government will spend the money. But by knowing the money has been snatched from this person
Booming by what definition? The article says “headline position is strong” and says this is due to an unexpectedly high corporate tax take. Aka. Multinationals. That wealth doesn’t trickle down to everyone. But everyone pays taxes. The author seems to want to help the most vulnerable, and that’s fine. To suggest the middle class couldn’t use a break on USC or a reduced tax rate because multinationals are chugging along and poor people still exist isn’t a real argument. It’s a really broad opinion that fails to grasp the reality of who votes.
>Budget 2024 should focus on improving welfare payments
​
GTFO
Stupid gov decisions
The only tax cut acceptable to the denizens of the Irish Times is the 1 euro on a bottle of wine which should be removed fortwith!
The problem with Irish politics is no one is willing to invest in a long term project as they never see the benefits. We should be investing in public transport, green energy, a building agency to build tens of thousands of houses and an affordable retrofitting scheme for every other habitual building in the country.
That won’t get you your fecking votes. It’s just more inflation ffs
Just cut taxes for American corporations
Sure the rest of us will be grand
The 40% tax rate should be at 50,000 not 36,000 that’s ridiculous
Even more ridiculous seeing as only two groups have ever been in power. You’d think they’d take a chance on something with a time frame of more than 5 years just once.
I think welfare should improve but revenue given more resources to go after people not paying tax/ taking cash work and staying on the dole.
Why does the media class hate tax cuts?
It’s quite amazing that supposedly ‘left’ leaning institutions/politicians (Holly Cairns and now ICTU) have been goaded by the government into supporting right-wing ‘fiscal responsibility’ narratives, while thinking they are defending left-wing progressive policies.
Keeping a progressive tax is good, sure – but using all the _wrong arguments_ for keeping it, in a way that signals that these people _use exactly the same economic narratives as FG_ – is ball-achingly incompetent.
The no.1 mistake is supporting the “taxes fund government spending” narrative – and while there is truth to that because of the restrictions of the Euro, it is a BIG mistake not to fight that narrative – because it leads directly to austerity politics in recessions.
The next mistake is talking about inflation _as if workers are causing it, and need their spending power destroyed_ – when it is _corporate profiteering, and the war in Ukraine (i.e. oil prices) causing it_ – so straight away we know which side of the class-war these people are on: The side of business and powerful elites, trying to destroy worker bargaining power and wages/income (and this from the fucking ICTU leader!).
I mean the head of ICTU is fighting to _keep workers taxed more_, in the name of fighting inflation – even when the inflation has fuck all to do with workers! (all FG had to do was say they’d cut a _progressive_ tax to make ICTU say this – and ICTU are so stupid, they just straight out opposed this instead of advocating cuts of a _different_ tax)
Spending money on a social support for workers, and cutting a (non-progressive) tax on workers _are effectively the same thing_ – and they completely missed the boat on that narrative.
Members of ICTU need to very vocally kick Owen Reidy in the ass over this, and look to get him out of his role if he doesn’t quickly move to worker-friendly narratives on this.
Booming with fuck all health care or housing.