Brendan Burgess
Founder
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This excludes PRSI which is paid by nearly every employee.50% of total income tax is paid by the 6.5% of taxpayer units who earn more than 100,000
It is already difficult to keep them, and nearly impossible to get people to come over after they start looking at costs after tax.It looks like income tax is reliant on a pretty small number of people, just like the corporation tax!
if a new government increases these taxes by phasing out tax allowances for incomes over 100k and a new higher rate over 140k it will be increasingly difficult to keep very high skilled mobile workers in the country
There's no PRSI on the first €18k of income.This excludes PRSI which is paid by nearly every employee.
Revenue breaks down the tax by income cohort
View attachment 6478
If I read this correctly
People earning between 27k and 30k pay 224m tax on €3.8 billion of income or 6%
People earning between €150k and €200k pay €1.6 billion on €5.8 billion of income or 28%
Brendan
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