Z
A single person, earning €100k a year pays 39% their income in tax. Someone earning €50k pays less than 24%. So the guy who earns twice as much takes home 50% more. Where's the fairness in that?
Using any online tax calculator you'll find a single PAYE earner on 50k actually pays 27.86% in tax and the single PAYE earner on 100k pays 39.25%. So in this example the guy earning twice as much takes home 68.44% more. Maybe still not fair in your book but at least it doesn't look as unfair.
I stand corrected but with marginal tax rates over 50% there is no incentive to work hard.
Their austerity measures may now concentrate on different areas.
Using any online tax calculator you'll find a single PAYE earner on 50k actually pays 27.86% in tax and the single PAYE earner on 100k pays 39.25%. So in this example the guy earning twice as much takes home 68.44% more. Maybe still not fair in your book but at least it doesn't look as unfair.
People tried to storm the Dail last night.... I guess this may be what the OP was alluding to in his original post....
I wonder what they would have done if they succeeded in getting in. Torn down the curtins? Raided the dail shop and bar?
Too right it's unfair. It shouldn't matter how much you earn, there should only be one tax rate. Proportionately you still end up paying more anyway, as 20% of 100k is more than 20% of 50k. Just remove all the ways the rich can avoid paying the 20% and then you have an equitable system. But I know lots of people will disagree with me there. These days there are more incentives to not working than there are incentives to working hard. But c'est la vie.
Why didn't the garda just close the gates?
People tried to storm the Dail last night
The blood looked realistic.The whole thing looked just a tad staged to me...
It looked like Éirigí and the SWP were the ones trying to get in past the Gardaí. Judging by the flags in their hands anyway.
Heaven help us if that shower got there hands on power.
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