It’s strange that so many people call for a more just income tax system and yet they are really seeking to make it more unjust.
I can't see the imbalance in the income tax system being changed in this year’s budget. If anything it will be exacerbated.
The fact is that we have the lowest rate of income tax for low to middle earners in the OECD and one of the highest rates of marginal income tax. The top rate of tax is reached at a much lower level than most EU countries. Our income tax system is unfair; those on high incomes are forced to shoulder a disproportionately high proportion of the burden while almost 50% of the workforce pay no income tax.
Most of the print media and RTE, the Public Sector Broadcaster and TV3's very own town crier Vincent Browne, will continue to misrepresent the facts and present a biased view of the facts in order to advance their left-wing agenda. Mean time Multi-Nationals and indigenous companies will continue to struggle to attract top level talent. If we are serious about getting growth back into the economy we have to start telling the truth about our income tax system.
I can't see the imbalance in the income tax system being changed in this year’s budget. If anything it will be exacerbated.
The fact is that we have the lowest rate of income tax for low to middle earners in the OECD and one of the highest rates of marginal income tax. The top rate of tax is reached at a much lower level than most EU countries. Our income tax system is unfair; those on high incomes are forced to shoulder a disproportionately high proportion of the burden while almost 50% of the workforce pay no income tax.
Most of the print media and RTE, the Public Sector Broadcaster and TV3's very own town crier Vincent Browne, will continue to misrepresent the facts and present a biased view of the facts in order to advance their left-wing agenda. Mean time Multi-Nationals and indigenous companies will continue to struggle to attract top level talent. If we are serious about getting growth back into the economy we have to start telling the truth about our income tax system.