No.So, are you suggesting that the household should be taxed?
Yes, but VAT was always high and people on low incomes used to pay income tax and social insurance.And isn't the the counter-argument that our high consumption taxes disproportionally target the lower paid (as they are forced to spend a greater portion of their income on necessities) ?
Not if they aren't heading a household and the vast majority of low paid people aren't. I've no problem with low taxes and welfare supports for people who need them but this is like a universal payment. I'd rather a more targeted approach. There are plenty of cased where two middle income earners are jointly heading a household. They are paying taxes that could be carried more easily by people on lower incomes who are living in high income households. We shouldn't be using tax policy as a form of shotgun welfare.Lower paid people do pay tax. A single person on minimum wage full time job will pay some income tax (around 3%) and have total deductions of around 6.25% from their salary
A person on the so called "living wage" in a full time role will pay around 6.5% in tax and have total deductions of around 12%
Whether the pay enough tax is another story but the impact of fixed charge taxes such as TV licence, property tax etc is far greater on those then on higher earners
Start by eliminating the one universal payment that crosses all tax boundaries - Child Benefit. Eliminate this payment to households/earners above a certain threshold, €200k p/a maybe and tax it above another threshold, €150k p/a perhaps.but this is like a universal payment.
Hardly a universal payment when only those with children get it?Start by eliminating the one universal payment that crosses all tax boundaries - Child Benefit.
It would if you worked in Cork.It wouldn’t be that hard to move to Northern Ireland and commute if the tax burden got too high here.
A broader tax base has been recommended by just about everyone who has examined our tax system.Everyone should pay some tax. The smaller the number of people paying income tax, the over reliance we place on a source of tax revenue that can disappear.
Look at our reliance on the property sector in the past, look at our reliance on corporation tax. Whether people like it or not you cant continue to rely on middle Ireland to fund everything.
Wealth taxes are fair and equitable. Most wealth accumulated in Ireland in the last decade is not as a result of work or sacrifices made by working people. It's due to capital appreciation.A wealth tax is not an answer as this discourages the accumulation of wealth as a result of sacrifices made by working people.
I'd increase it by 30% and then make it taxable. Or just get rid of it and make it a refundable tax credit.Start by eliminating the one universal payment that crosses all tax boundaries - Child Benefit.
True, but most people on minimum wage don't live in low income households so they wouldn't get welfare anyway.Any tax of lower paid workers would need to be balanced against reform of the SW system to not disincentivise people to actually go to work. it's not just as simple as increasing tax on those on minimum wage.
What data shows this to be the case?True, but most people on minimum wage don't live in low income households so they wouldn't get welfare anyway.
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