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Time to tax wealth - Covid cost Solution

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12357…30

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    #122
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Rodin wrote: »
    Actually it doesn't.
    That was in a different jurisdiction which work there suitably paid for.
    No social welfare of any kind has been claimed in this state.

    Your really splitting hair now


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    #123
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Shefwedfan wrote: »
    If not that many then passing the law will make f**k all difference

    It will make a difference to the kids who have no choice but to be the 4th child. I'm not sure what joy or benefit you get from casting people into poverty?


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    #124
    gormdubhgorm
    Registered Users Posts: 18,834 ✭✭✭✭gormdubhgorm


    combat14 wrote: »
    effectively the government I.e. tax payer are bailing out banks and particularly property land lordships again by borrowing 20-30 billion euro over next period of time.

    Without the coivd payments rents and mortgages are not going to be paid ... effectively a bailout for landlords and banks again

    You do realise most landlords in Ireland are ordinary individuals? The majority only own one property?

    https://www.independent.ie/irish-news/the-rent-report/the-accidental-landlords-most-own-just-one-property-31304758.html

    I realise some people seem to propagandist the word 'landlord' associating it with corporate capitalist greed etc etc. But I feel there is very little balance in the discussion these days. Particularly on forums such as this.

    Guff about stuff, and stuff about guff.



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    #125
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Jizique wrote: »
    Classic quote - but please can we have more detail on Hartz 4 since you are such an expert on Germany.
    Germany does not provide free housing or anything like it, Germany does not provide disability to benefit widely, and Germany does have a health system which is not unlike the free care which is available to all welfare recipients through their medical card.
    Welfare recipients here get HAP, which covers housing, and free travel, which covers travel.
    In Germany, you get an apartment in a ****ty area and are not allowed to turn down work.

    So in Germany you don't get a fee house and you get a free house in a ****ty area? Interesting that. In Germany and most other European countries you've no need for health insurance and you can travel on extensive public transport networks.


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    #126
    Jizique
    Registered Users Posts: 1,907 ✭✭✭Jizique


    LeinsterDub wrote: »
    So in Germany you don't get a fee house and you get a free house in a ****ty area? Interesting that. In Germany and most other European countries you've no need for health insurance and you can travel on extensive public transport networks.

    You get a apartment (not a house) and you don’t get to dodge paying rent for it, like here; it is nominal, but deducted at source.
    In Ireland, there is no need for medical insurance, as there is free medical care for all welfare recipients, including medical cards, which means free GP care.
    And welfare recipients in Germany do not get free travel - as it happens, pensioners don’t either, unlike here.


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    #127
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Jizique wrote: »
    You get a apartment (not a house) and you don’t get to dodge paying rent for it, like here; it is nominal, but deducted at source.
    In Ireland, there is no need for medical insurance, as there is free medical care for all welfare recipients, including medical cards, which means free GP care.
    And welfare recipients in Germany do not get free travel - as it happens, pensioners don’t either, unlike here.

    So you get housing if you will. Fine deduct it at source here. So millions of people are paying health insurance for the laugh is it? I'm talking about the transportation infrastructure not the payment for it.


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    #128
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Shefwedfan wrote: »
    Poster said he/she got a job. SO in reality with the tax paid they have probably paid multiple times what the education etc cost.



    In my case I know pay tax on my car and tax on the fuel I put into one, so I pay for the roads and I have private health care.....


    I pay substantial tax now and I would like that money used to invest in the local area, like the local running club got a new track. Of course when it was annoucned ou had all the scrougers in the place complaining.....along with education etc.....


    So not sure what relevance your point has?

    My point is if they've no issue taking other government services and subsidies then why did signing on bring them shame?


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    #129
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Shefwedfan wrote: »
    Tough

    It’s not any worse than now when the parents are not spending the money on them anyway

    [citation needed] and I'm looking for a peer reviewed study not your mate's mate's mam's uncle seen someone spend their child allowance on the horses


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    #130
    Shefwedfan
    Closed Accounts Posts: 18,958 ✭✭✭✭Shefwedfan


    LeinsterDub wrote: »
    My point is if they've no issue taking other government services and subsidies then why did signing on bring them shame?


    Personally I wouldnt sign on either unless it was the last resort, I would be up in Keeling or anywhere looking for work if I was let off....thats just me....


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    #131
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Shefwedfan wrote: »
    Personally I wouldnt sign on either unless it was the last resort, I would be up in Keeling or anywhere looking for work if I was let off....thats just me....

    And do you want a medal? You've paid your taxes for this safety net if you want to cut off your nose to spite your face off you go.


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    #132
    Shefwedfan
    Closed Accounts Posts: 18,958 ✭✭✭✭Shefwedfan


    LeinsterDub wrote: »
    And do you want a medal? You've paid your taxes for this safety net if you want to cut off your nose to spite your face off you go.


    If you have a medal I will take one, yes please. If you PM I can send you my address.....


    Very generous in this crazy times......


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    #133
    Jizique
    Registered Users Posts: 1,907 ✭✭✭Jizique


    LeinsterDub wrote: »
    So you get housing if you will. Fine deduct it at source here. So millions of people are paying health insurance for the laugh is it? I'm talking about the transportation infrastructure not the payment for it.

    Millions of welfare recipients are not paying health insurance.
    Everyone in Germany pays health insurance - the employer and the employee. It is also paid for the unemployed, which presumably is why they want them to return to employment so quickly. I'm not sure where the idea that it is free comes from.


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    #134
    Jizique
    Registered Users Posts: 1,907 ✭✭✭Jizique


    LeinsterDub wrote: »
    And do you want a medal? You've paid your taxes for this safety net if you want to cut off your nose to spite your face off you go.

    The problem is that many of the people availing of the safety net have never paid income tax and have no intention of ever paying it.


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    #135
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Jizique wrote: »
    The problem is that many of the people availing of the safety net have never paid income tax and have no intention of ever paying it.
    How many? Let's quanitify this problem shall we , how many people do you think never paid income tax or to put it an otherway never worked?


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    #136
    Eric Cartman
    Registered Users Posts: 26,280 ✭✭✭✭Eric Cartman


    LeinsterDub wrote: »
    How many? Let's quanitify this problem shall we , how many people do you think never paid income tax or to put it an otherway never worked?

    43,000 people in Ireland of working age and not disabled or students have never made a PRSI contribution.


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    #137
    saabsaab
    Registered Users Posts: 8,208 ✭✭✭saabsaab


    We could bring in a once off tax on savings/shares/bonds above a certain level say 10k, say 10-15%? This would cover much of the covid expense and do less damage that a squeeze on spending.


    They say that Irish savings/bonds are 200-300B. Could cover it.
    Before anyone asks and it isn't relevant to the overall situation but it would hit me too.


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    #138
    Shefwedfan
    Closed Accounts Posts: 18,958 ✭✭✭✭Shefwedfan


    saabsaab wrote: »
    We could bring in a once off tax on savings/shares/bonds above a certain level say 10k, say 10-15%? This would cover much of the covid expense and do less damage that a squeeze on spending.


    They say that Irish savings/bonds are 200-300B. Could cover it.
    Before anyone asks and it isn't relevant to the overall situation but it would hit me too.


    So people save and save and save to have a few quid for a rainy day and now the answer is to raid that, just because we dont want to touch the people on social welfare?



    Maybe we could change the car tax system to pay for it


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    #139
    KyussB
    Registered Users Posts: 2,314 ✭✭✭KyussB


    saabsaab wrote: »
    We could bring in a once off tax on savings/shares/bonds above a certain level say 10k, say 10-15%? This would cover much of the covid expense and do less damage that a squeeze on spending.


    They say that Irish savings/bonds are 200-300B. Could cover it.
    Before anyone asks and it isn't relevant to the overall situation but it would hit me too.
    Instant bank run and banking system collapse, from capital flight.


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    #140
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Eric Cartman wrote: »
    43,000 people in Ireland of working age and not disabled or students have never made a PRSI contribution.

    7 years ago, during a massive recession, a figure that include students and others and is a tiny proportion of the potential workforce


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    #141
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    saabsaab wrote: »
    We could bring in a once off tax on savings/shares/bonds above a certain level say 10k, say 10-15%? This would cover much of the covid expense and do less damage that a squeeze on spending.


    They say that Irish savings/bonds are 200-300B. Could cover it.
    Before anyone asks and it isn't relevant to the overall situation but it would hit me too.

    Absolutely not. I’ve worked hard and saved hard for my nest egg. Touch it at your peril.


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    #142
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    saabsaab wrote: »
    We could bring in a once off tax on savings/shares/bonds above a certain level say 10k, say 10-15%? This would cover much of the covid expense and do less damage that a squeeze on spending.

    10k that's madness. This thread is meant to be about the mega wealthy not people who've worked hard and saved a few quid


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    #143
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Shefwedfan wrote: »
    So people save and save and save to have a few quid for a rainy day and now the answer is to raid that, just because we dont want to touch the people on social welfare?


    It's not a binary choice there is an other group that could be taxed. The mega rich


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    #144
    Eric Cartman
    Registered Users Posts: 26,280 ✭✭✭✭Eric Cartman


    LeinsterDub wrote: »
    It's not a binary choice there is an other group that could be taxed. The mega rich

    none of their money is within irelands reach anyway. Our tax laws are already too punitive for them to keep it within our shores.


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    #145
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Eric Cartman wrote: »
    none of their money is within irelands reach anyway. Our tax laws are already too punitive for them to keep it within our shores.

    They don't keep it with in any shores which is exactly the issue.


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    #146
    jackboy
    Registered Users Posts: 4,598 ✭✭✭jackboy


    LeinsterDub wrote: »
    It's not a binary choice there is an other group that could be taxed. The mega rich

    If you want to know who will pay for this crisis just look at who paid for previous ones. The mega rich won’t be paying, they will actually make massive profits from this crisis, as usual.


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    #147
    Shefwedfan
    Closed Accounts Posts: 18,958 ✭✭✭✭Shefwedfan


    LeinsterDub wrote: »
    It's not a binary choice there is an other group that could be taxed. The mega rich

    Who are these mega rich?


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    #148
    Jinglejangle69
    Registered Users Posts: 7,448 ✭✭✭Jinglejangle69


    Property charges are a tax on wealth.

    Look how that is accepted...

    Sinn Féin reduce it by 20% in certain areas.

    All egged on to be scrapped by the jealous socialists who hate wealth.

    Ironic ay.


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    #149
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    Shefwedfan wrote: »
    Who are these mega rich?

    It's not for me to define but if I you want me to pluck a number I shall as those with wealth of over a million excluding the family home or farm land they are working themselves


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    #150
    4068ac1elhodqr
    Closed Accounts Posts: 9,586 ✭✭✭4068ac1elhodqr


    Shefwedfan wrote: »
    Who are these mega rich?
    The ones with the money, doh!

    For a start the 'top 8' richest billionaires own as much combined wealth as "half the human race". 8 people == 50% of earth's population in wealth.

    The other 2,200 global billionaires are worth nearly $10Trillion (up significantly from previous year).
    The population of a very small town.

    Each single trillion in 100$ bills is 67,866 miles when stacked, if a couple of thousand Billionares stacked their totals, it would reach the moon (and back), and still have change left over to buy out many a small/medium country.


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    #151
    Shefwedfan
    Closed Accounts Posts: 18,958 ✭✭✭✭Shefwedfan


    LeinsterDub wrote: »
    It's not for me to define but if I you want me to pluck a number I shall as those with wealth of over a million excluding the family home or farm land they are working themselves

    So how many of them do we have? I’m just trying to work out what this will raise in money terms


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