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Its absolutely obscene how David Drumm paid just 10k tax on earnings of 10 million

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    #2
    Pauleta
    Closed Accounts Posts: 2,778 ✭✭✭Pauleta


    I nearly vomited my black pudding when i heard it this morning.


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    #3
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    gonedrinking wrote: »
    I pay more tax than that a year on my 35k salary.
    You might want to fire your accountant or payroll department then. You should be paying less than half of that in income tax.


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    #4
    danbohan
    Closed Accounts Posts: 1,914 ✭✭✭danbohan


    gonedrinking wrote: »
    I pay more tax than that a year on my 35k salary. Its fcuking disgusting how that bastard is allowed to just walk away from the destruction he caused in Ireland.

    http://www.irishtimes.com/newspaper/frontpage/2011/0225/1224290841877.html

    tut tut , tax is for the little people dont you know , back to work now !


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    #5
    Kasabian
    Closed Accounts Posts: 3,689 ✭✭✭Kasabian


    One of the glaring omissions in the build up to this election is what any incoming government is going to do about these cnuts and what they are going to do to prevent these cnuts raping our country again.


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    #6
    Sonics2k
    Registered Users Posts: 8,239 ✭✭✭Sonics2k


    Always knew I should of gone in to Banking when I was younger...


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    #7
    phill106
    Registered Users Posts: 6,810 ✭✭✭phill106


    That BANKER!


    Grrrr!


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    #8
    danbohan
    Closed Accounts Posts: 1,914 ✭✭✭danbohan


    seamus wrote: »
    You might want to fire your accountant or payroll department then. You should be paying less than half of that in income tax.

    maybe not , he might be a visionary and be looking at his tax in 2013


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    #9
    El Siglo
    Registered Users Posts: 3,803 ✭✭✭El Siglo


    Cunt. They'll chase us down over a fucking tenner and this fuck pays nearly nothing in tax... while running the bank that fucked us all up.


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    #10
    gonedrinking
    Closed Accounts Posts: 810 ✭✭✭gonedrinking


    danbohan wrote: »
    maybe not , he might be a visionary and be looking at his tax in 2013

    I'm jus sayin', I have gross pay of 35k and net pay of slightly over 24k, hence I am paying roughly 1.5k pension and roughly 9.5k tax


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    #11
    SeaFields
    Registered Users Posts: 6,551 ✭✭✭SeaFields


    This miserable fcuker is worse than Seanie Fitz in my opinion. The sheer neck of this pr!ck is flabbergasting. From not cooperating with the Gardai to attempting to have documents related to his time at anglo destroyed.

    Fcuking scum.


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    #12
    Kev_ps3
    Closed Accounts Posts: 3,604 ✭✭✭Kev_ps3


    gonedrinking wrote: »
    I pay more tax than that a year on my 35k salary. Its fcuking disgusting how that bastard is allowed to just walk away from the destruction he caused in Ireland.

    http://www.irishtimes.com/newspaper/frontpage/2011/0225/1224290841877.html

    Welcome to Fine Fail's Ireland. The Party of the rich voted in by the stupid.


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    #13
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    Vote Fianna Fail!


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    #14
    gonedrinking
    Closed Accounts Posts: 810 ✭✭✭gonedrinking


    Kev_ps3 wrote: »
    Welcome to Fine Fail's Ireland. The Party of the rich voted in by the stupid.

    And to think all these FF bedwetters are saying "oh if you increase taxes on the rich they will all leave never to be seen again, and they will take all these jobs that they are so generously providing to the peasants of Ireland". When are people going to wake up and realise we have been taken for a ride and the rich are sh1tting themselves laughing at how easy they have had it all these years.


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    #15
    gerryo777
    Closed Accounts Posts: 2,216 ✭✭✭gerryo777


    His brother was a developer at the time, his two other brothers "worked" for the same developer! I wonder where he got his development loans from???
    Sounds like a corrupt little family to me!!


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    #16
    pickarooney
    Moderators, Arts Moderators Posts: 35,198 Mod ✭✭✭✭pickarooney


    phill106 wrote: »
    That BANKER!


    Grrrr!

    https://www.youtube.com/watch?v=0l7H1Y9ihqk


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    #17
    danbohan
    Closed Accounts Posts: 1,914 ✭✭✭danbohan


    gonedrinking wrote: »
    And to think all these FF bedwetters are saying "oh if you increase taxes on the rich they will all leave never to be seen again, and they will take all these jobs that they are so generously providing to the peasants of Ireland". When are people going to wake up and realise we have been taken for a ride and the rich are sh1tting themselves laughing at how easy they have had it all these years.

    but today we are going change all of that and vote in fine gael , the traditional party of the rich in Ireland, love it


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    #18
    ebixa82
    Banned (with Prison Access) Posts: 1,289 ✭✭✭ebixa82


    In fairness he was a smart man who stroked/milked a corrupted system. If I knew how to pay only 0.1% tax and get away with it then I would.

    Most people who say they wouldn't are liars.


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    #19
    danbohan
    Closed Accounts Posts: 1,914 ✭✭✭danbohan


    ebixa82 wrote: »
    In fairness he was a smart man who stroked/milked a corrupted system. If I knew how to pay only 0.1% tax and get away with it then I would.

    Most people who say they wouldn't are liars.

    you will be surprised how many liars will respond to your post !


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    #20
    alfa beta
    Registered Users Posts: 763 ✭✭✭alfa beta


    Sickening to read.

    Wonder what the new govt will do about this reckless, thieving bastard who along with a handful of other reckless thieving bastards have landed a tax bill on the population of this country larger than anything in its history - while they themselves pay absolutely nothing quite literally.

    Am I being way too hopeful in thinking that Enda and whoever ends up at the helm with him will do anything at all about the situation? Probably am.


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    #21
    heyheyhey1982
    Closed Accounts Posts: 433 ✭✭heyheyhey1982


    Where i used to work in the good old days (2004-2008) people used to be on contract there fore where "self employed". They wheren't technically. any way they where earning between 70k-100k, and where paying maybe 5-10% at the end of the year. I couldnt understand when the tax year was coming to an end and they'd be discussing "7% this year" and falling around laughing.

    This is madness how he paid 10k on earning 3.5million?? if he was PAYE he'd of paid around 1.5million?? so how can they write off so much. I'd love an accountant to come on and explain this as if everyone was doing this the state would collapse tommorow. The rich really don't pay Tax.


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    #22
    wandatowell
    Registered Users Posts: 8,435 ✭✭✭wandatowell


    This is quite upsetting news


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    #23
    Cookie_Monster
    Registered Users Posts: 24,477 ✭✭✭✭Cookie_Monster


    gonedrinking wrote: »
    I'm jus sayin', I have gross pay of 35k and net pay of slightly over 24k, hence I am paying roughly 1.5k pension and roughly 9.5k tax

    :eek::eek::eek:

    get that checked.
    I paid about half that on slightly more money last year


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    #24
    alfa beta
    Registered Users Posts: 763 ✭✭✭alfa beta


    ebixa82 wrote: »
    In fairness he was a smart man who stroked/milked a corrupted system. If I knew how to pay only 0.1% tax and get away with it then I would.

    Most people who say they wouldn't are liars.

    There's a bit of a difference though between
    (a) paying no tax and
    (b) playing a large part in screwing up the economic well being of a whole country and paying no tax in the process

    I think its the latter that has people so angry


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    #25
    gonedrinking
    Closed Accounts Posts: 810 ✭✭✭gonedrinking


    ebixa82 wrote: »
    In fairness he was a smart man who stroked/milked a corrupted system. If I knew how to pay only 0.1% tax and get away with it then I would.

    Most people who say they wouldn't are liars.

    Most people who earned 10 mill wouldn't give a sh1t how much tax they paid. And how the fcuk was he a smart man when he pretty much single-handedly bankrupted Ireland? Please answer me that.


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    #26
    nxbyveromdwjpg
    Closed Accounts Posts: 4,402 ✭✭✭nxbyveromdwjpg


    Dunno why youre all calling him himself a c*nt, if the tax system say he only needs to pay 10grand then what do you expect him to do?

    If you only had to pay 2grand tax would you have paid 20,000 anyway for the craic?

    Would you f*ck, of course not.


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    #27
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    nm wrote: »
    Dunno why youre all calling him himself a c*nt, if the tax system say he only needs to pay 10grand then what do you expect him to do?

    If you only had to pay 2grand tax would you have paid 20,000 anyway for the craic?

    Would you f*ck, of course not.
    Personally if I was earning that kind of money I wouldn't be going to extraordinary lengths to reduce my tax bill. €10m minus €1m in tax is still a shedload of money.


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    #28
    coffee_cake
    Moderators, Category Moderators, Politics Moderators, Recreation & Hobbies Moderators, Society & Culture Moderators Posts: 81,309 CMod ✭✭✭✭coffee_cake


    gonedrinking wrote: »
    I'm jus sayin', I have gross pay of 35k and net pay of slightly over 24k, hence I am paying roughly 1.5k pension and roughly 9.5k tax

    My 32k sal = 5k tax including USC and 2k pension
    someone is ripping you off


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    #29
    TanG411
    Closed Accounts Posts: 2,836 ✭✭✭TanG411


    gonedrinking wrote: »
    Most people who earned 10 mill wouldn't give a sh1t how much tax they paid. And how the fcuk was he a smart man when he pretty much single-handedly bankrupted Ireland? Please answer me that.

    Do you think he gives a damn about Ireland? Of course not. He lives by the motto, ''Every man for himself''.

    We should riot. A big nasty one with flamethrowers.


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    #30
    bonerm
    Closed Accounts Posts: 8,595 ✭✭✭bonerm


    I'm sure the man is probably thinking if he'd got a better accountant that he could have got it down to 5k.

    Thank dog Fianna Gael are in power now and all this tomfoolery is going to change....


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    #31
    gerryo777
    Closed Accounts Posts: 2,216 ✭✭✭gerryo777


    This guy also had 26 bank accounts, I wonder which one he supplied statements from when submitting his tax return.
    I reckon the C.A.B should be called in here!!


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