I'm sick to death of being taxed to death !

K-9

Skommando wrote: »

Neither do the very wealthy, nor do large corporations, but all people here cowardly complain about is the people less well off than them.

That's quite a sweeping statement. Surveys have consistently shown a large majority of people think corporations should pay more tax and people don't approve of loopholes etc.

K-9

BoatMad wrote: »

there is no real evidence that somehow in ireland , we squander our tax take, we do have some different priorities , for example , we have a very generous social welfare system for example

The key thing you miss when comparing us to other European countries is population density. Here tax is raised from comparatively a small group of people and hence funding large tax consuming projects is difficult. couple that with the fact that we have huge swathes of lower income groups from paying hardly any tax and you have the situation where a relatively small group of tax payers are in essence funding the whole show. Given our demographics and political realities, there is little that can be done to correct this. Those that scream for more public services are exactly those that in fact pay very little tax towards them relatively

A lot of tax comes back in social transfers, we've huge amounts in EU/OECD comparisons.

It means we've a quite equitable society, not Scandinavian levels obviously but better than the UK or US. When Mary Harney said we were closer to Boston than Berlin she was very wrong!

flutered

i paid 80% tax back in the day, as a worker on a factory floor, back then there land rates also, which had to be paid regardless of income, there was an attempt at that when the lpt was first drafted, but all of a sudden that was removed to only include the old half or quarter of acre that houses especially cottages were built on not so long ago, like how could the likes of john burton be expected to pay lpt on 250 prime meath acres, then that wally kenny demanded that politicians be excused the lpt on their second home as they required one for work in dublin, it was then pointed out to him that it could be claimed under the politicians expenses

Skommando

This week Oxfam has said Ireland is part of a toxic global tax system servicing the very wealthiest while ordinary people pay the price and lose out on essential public services.

Research conducted by the charity puts Ireland sixth in a list of 15 countries which, it says, are helping big business to cheat countries and their citizens out of billions of euro in tax every year.

Chief Executive of Oxfam Ireland Jim Clarken said governments were falling over themselves to ensure corporations paid as little tax as they wished.

He said that, in the process, governments were starving their countries of the money needed for education, healthcare and generating jobs.

Mr Clarken said it was "no badge of honour" for Ireland to be known as a haven for coporate tax dodging.

http://www.rte.ie/news/2016/1212/838197-oxfam-tax-ireland/

Stheno

Skommando wrote: »

Oxfam has said Ireland is part of a toxic global tax system servicing the very wealthiest while ordinary people pay the price and lose out on essential public services.

He got shredded about that in an interview on the last word last week

Skommando

Stheno wrote: »

He got shredded about that in an interview on the last word last week

oh I'm sure it didn't sit will with the agenda all right.

K-9

Stheno wrote: »

He got shredded about that in an interview on the last word last week

Well I think the general point is correct. I suppose interviewers can nit pick at definitions and stuff like that, but our low CT rate is like a national treasure now and can't be questioned!

Suryavarman

realitykeeper wrote: »

Yes the Euro is a fiat currency and in case you did not know, that is not a good thing.

Considering the alternative to fiat currency is macroeconomic instability having a fiat currency is very much a good thing.

The rhetoric from the ECB is not fact, it is Keynesian nonsense. A better authority is the Bank of International Settlements and unfortunately for poor old Europe, the ECB is not doing what the BIS recommends.

You really haven't a clue what Keynesianism was do you? Let's pretend for a minute that the term even has any relevance to modern mainstream economics. Keynesians historically placed far greater emphasis on the importance of fiscal policy in stabilising the economy leaving monetary as an after thought. ECB policy is basically the opposite of what Keynesianism historically would have led people to support.

At the end of the day though it isn't 1970 anymore. Economics has moved on since then and economists now display greater homogeneity in terms of views on the economy. As such terms such as Keynesianism are meaningless.