I certainly hope not!Aren't those the exact qualifications you need to become Taoiseach?![]()
I certainly hope not!Aren't those the exact qualifications you need to become Taoiseach?![]()
Interestingly this one is a very conscious policy decision (supposedly EU wide) to increase female labour participation rates. Started back in 2000. Always irked me that it never increased as a single income household, but wasn’t aware of the deliberate intent.Transferable 9k of 20% tax band between married couples has not increased.
This isn't a bug, it's a feature. With no automatic indexation, when government do index allowances, credits, etc they can claim political credit for doing so, and seek electoral advantage, in a way that wouldn't be possible if indexation was baked into the system and happened automatically. Plus, if the budgetary situation is a bit tight, as is often the case, you can get some marginal improvement by simply not indexing, which has a lower political cost than raising tax rates, or imposing a new tax.We lose so much to fiscal drag, but nobody seems to know much or care about it outside of pointy headed circles (present company etc etc)
That goes back to the discussion we had about employment rate, and the percentage of the working age population that actually works. Until 2000 the standard rate tax band was fully transferrable between spouses. Charlie McCreevy limited the transferrrable amount to €11k, and reduced it the following year to €9k, with the express intention of incentivising married women to enter the workforce — they now had tax credits that they could only use if they worked themselves, and that would be lost to the family if they did not work. A subsequent ESRI study estimated that the measure increased the labour market participation rate of married women by about 5%.Transferable 9k of 20% tax band between married couples has not increased.
But not working fulltime hours.A subsequent ESRI study estimated that the measure increased the labour market participation rate of married women by about 5%.
Women are more than twice as likely as men to work part time (67.1% of people who work part time are women whereas 41.7% of people working fulltime are men).But not working fulltime hours.
Well in the UK they brought in the 'triple lock' to the pension to make sure it kept up with inflation. Just look at the amount of moaning about it now.This isn't a bug, it's a feature. With no automatic indexation, when government do index allowances, credits, etc they can claim political credit for doing so, and seek electoral advantage, in a way that wouldn't be possible if indexation was baked into the system and happened automatically. Plus, if the budgetary situation is a bit tight, as is often the case, you can get some marginal improvement by simply not indexing, which has a lower political cost than raising tax rates, or imposing a new tax.