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Income tax, PRSI, USC

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Comments

  • #52
    Count Dooku
    Registered Users, Registered Users 2 Posts: 2,416 ✭✭✭Count Dooku


    barneystinson wrote: »
    I think you're the one making the logical error there! Cave men didnt pay any taxes, were they better off than us?

    The logical conclusion of that would result in no tax being paid = no tax being collected = no State/public sector = no infrastructure (roads, hospitals, police, schools, courts).
    Can work opposite - more taxes paid, less money people have to spend, less money to spend - less jobs in retail and industry, less jobs - more money should go for dole plus less taxes collected and tax rates have to increase again
    This is what we see now - increased collection of income taxes resulted reduced VAT take, shops closing and only reason why unemployment is not going up because people are emigrating, plus government can hide real unemployment in JobsBridge


  • #53
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,685 ✭✭✭barneystinson


    Count Dooku wrote: »
    Can work opposite - more taxes paid, less money people have to spend, less money to spend - less jobs in retail and industry, less jobs - more money should go for dole plus less taxes collected and tax rates have to increase again
    This is what we see now - increased collection of income taxes resulted reduced VAT take, shops closing and only reason why unemployment is not going up because people are emigrating, plus government can hide real unemployment in JobsBridge

    I understand that, but my point still stands, you can only reduce taxes so far and still have a functioning State. Civilisation is expensive.


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