People didn’t want to raise the pension age for some bonkers reason. So now we pay more taxes as a greater portion of our population start drawing pensions.
Turns out, the demographics will not in fact take care of itself.
Fuckin pricks tax bastards, how dare they etc.
0.55% in total over 5 years its not that bad in the grand scheme of things.
Chicken rolls have shot up more in one go so there is your comparison.
For more idepth financial commentary join me on my next tedx talk
Just remember this when FG come knocking on your door promising tax cuts
Our tax base is one of, if not the narrowest in Europe. More and more burden on the taxpayers to support the service’s for low income workers and refugees and pensioners. Will start to seriously piss people (squeezed middle) off soon.
We all partied
People seemed to be very enamoured with pay related social welfare yesterday and there is no appetite for raising the pension age. Something has to give somewhere lads.
Please can they just fuck off at this point.
Realistically you only have so many options to keep the state pension going: push back the retirement age, cut the pension benefit, raise taxes, or change the shape of the population pyramid. The first two have proven unpopular, and the latter is obviously extraordinarily problematic, so what’s left is raising taxes.
The public pension pot is empty. If there is a downturn in employment they will have to raise more taxes. This is because of decades of mismanagement, I’m working my ass off to pay for other people’s pension welfare and I can’t afford to save for a pension with my outgoings – it isn’t fair. They will raise the retirement age and make sure I am dead before I can retire on a public pension. I will be bolloxed by the time I’m able to afford to retire if the work doesn’t kill me first.
Consequences of living longer! Hooray.
So Ireland can’t afford to pay the old age pension or give non means tested medical cards, to people who’ve paid 40+ years of PRSI and income tax…..but they can afford to spend €55,000,000 a week housing Ukrainians, instantly give them €220 a week jobseekers allowance, children’s allowance and non means tested medical cards.
The mismanagement of tax payers money in this country really is criminal.
The grand total for a worker on 40k is an €220 increase over the 5 years from 1,600 to 1,820.
We were warned this would happen if the pension age wasn’t increased. With a pension increase also comes the likelihood of increased amount of years one would have to work to have full public pension benefits.
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My conviction is that they will piss it all away.
People didn’t want to raise the pension age for some bonkers reason. So now we pay more taxes as a greater portion of our population start drawing pensions.
Turns out, the demographics will not in fact take care of itself.
Fuckin pricks tax bastards, how dare they etc.
0.55% in total over 5 years its not that bad in the grand scheme of things.
Chicken rolls have shot up more in one go so there is your comparison.
For more idepth financial commentary join me on my next tedx talk
Just remember this when FG come knocking on your door promising tax cuts
Our tax base is one of, if not the narrowest in Europe. More and more burden on the taxpayers to support the service’s for low income workers and refugees and pensioners. Will start to seriously piss people (squeezed middle) off soon.
We all partied
People seemed to be very enamoured with pay related social welfare yesterday and there is no appetite for raising the pension age. Something has to give somewhere lads.
Please can they just fuck off at this point.
Realistically you only have so many options to keep the state pension going: push back the retirement age, cut the pension benefit, raise taxes, or change the shape of the population pyramid. The first two have proven unpopular, and the latter is obviously extraordinarily problematic, so what’s left is raising taxes.
The public pension pot is empty. If there is a downturn in employment they will have to raise more taxes. This is because of decades of mismanagement, I’m working my ass off to pay for other people’s pension welfare and I can’t afford to save for a pension with my outgoings – it isn’t fair. They will raise the retirement age and make sure I am dead before I can retire on a public pension. I will be bolloxed by the time I’m able to afford to retire if the work doesn’t kill me first.
Consequences of living longer! Hooray.
So Ireland can’t afford to pay the old age pension or give non means tested medical cards, to people who’ve paid 40+ years of PRSI and income tax…..but they can afford to spend €55,000,000 a week housing Ukrainians, instantly give them €220 a week jobseekers allowance, children’s allowance and non means tested medical cards.
The mismanagement of tax payers money in this country really is criminal.
The grand total for a worker on 40k is an €220 increase over the 5 years from 1,600 to 1,820.
We were warned this would happen if the pension age wasn’t increased. With a pension increase also comes the likelihood of increased amount of years one would have to work to have full public pension benefits.
It’s a no win situation.
Sorry… INCREASES?? Get me the fuck out of here…