Gordon Gekko
Registered User
- Messages
- 7,383
- The disparity between self-employed (55%) and employed (52%) is crazy
It is simply untrue that 14.75% of any employee's income is paid to State to fund their pension.
The Partner on €1m a year should get more than €12k a year for his massive PRSI contributions.
He pays €40k a year
An employee on "only" €275k contributes the same amount of PRSI and gets the same pension.
Social insurance should be roughly speaking you get out what you put in allowing for some insurance element.
We should deal with inequality through the taxation system.
Brendan
There's scope for actually collecting 12.5% of corporate profits...not 1% or 2% or 0.0001% as happenes in 1 well publicised case.
.....
Would you think that there is scope for increasing taxes elsewhere?
What about increasing property taxes, if that would result in a reduction in income taxes?
What about removing the CGT exemption on death? When I die, if I have unrealised capital gains, they should be taxed as if they were a disposal.
....
No, they should pay taxes at the local rate. Whether there is one or not.Hi Delboy
Irish incorporated companies do not pay taxes on profits generated outside Ireland.
Irish citizens working in Saudi or the UK do not pay income tax on their foreign earnings.
Do you think that they should?
Brendan
Ireland is a ridiculously high-tax jurisdiction, unless you’re a corporate. Yet nobody really speaks about it because of the lurch to the left politically.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?