One might wonder therefore at the actual potential additional take from such sources therefore.
actually I think they have the two mixed up..........
It could actually be very easy to introduce this. If they
-scrap the upper and lower limits
-scrap the various rates so everyone pays the same, regardless of income or type of work
-scrap any and all exemptions
-roll the various levies into it
suddenly what you have then is a flat rate tax applicable to all called PRSI. It would be easy for banks to apply it on interest for example, similer to DIRT. Anyone who earns income outside PAYE could then be charged when they do a tax return.
A segregated social welfare fund is a joke. After 10 years of full employment it takes just two years of increasing unemployment to exhaust it.
There is no point in having a national debt, social fund, national pensions reserve as separate pots.
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?