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About LinkBacksAgreed Bobo,but they also pay no income tax where by someone earning €100k will pay approx €35k in payroll tax.Originally Posted by Big Bobo
Agreed Bobo,but they also pay no income tax where by someone earning €100k will pay approx €35k in payroll tax.
yep, though it seems to average a bit less, when you factor in pension relief, bin charges, carer's credit (for stay at home partner), tax allowance (or as much of it as you can get thanks to individualisation) of partner, et it comes out at about 27% percent of base pay
Enda Kenny on FF government: “We’re in this mess, not because Fianna Fáil policies have failed, but because they have succeeded.”
Hi Bobo,
so do rich people generate their own wealth? I thought wealth was viewed as a static constant to the communist, not something that can be 'created', only something that can be robbed from another?
In that case, if you generate wealth through ingenuity and hard work, then it is obvious that the minimum wage worker gets his socially 'just' wage in the form of how beneficial he is to society as a whole.
Tu Ne Cede Malis Sed Contra Audentior Ito
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Hahahaha it sure is!
*wipes tears of laughter from eye*
well (at least in the private sector) its deemed to be, you don't think employeers pay some people multiples of others cos they like them more do you ?
Enda Kenny on FF government: “We’re in this mess, not because Fianna Fáil policies have failed, but because they have succeeded.”
Shhhhh.
Please don't mention that particular 'source'
Perhaps my jibe is more aimed at those well paid types in the public sector. But tell me Dr Bob, its my opinion that the professional classes in this country, Doctors, Solicitors and the like, are paid too much? would you concur?
paid to much ? perhaps, however what i have more of an issue with is the monoplolistic behaviour of same professions, the lack of competition between same is a joke, and that its permitted is deeply annoying, though i suspect that now there is a serious recession and lack of work in certain professions that solicitors, architects, etc will be more easy to strike a deal with than before (though i'm sure that will change when their circumstances pick up also) however doctors and dentists will continue to charge effectively set prices and with no competition will probably get a way with it, though people may go to same less as they cannot afford it as opposed to being able to seek better value......
however in the unregulated / non "professional" work place that is most certainly not the case, you stand or fall on your merits (by and large), in my particular field (technical) i am in the top 5% of earners, this is because i'm a) good at what i do technically, b) constantly strive to keep up to date on new and emerging technolgies and c) probably most importantly can marry the technology with the commerical and business requirements something many of my peers cannot do..... that and only that is why i'm better paid than most of my peers
Enda Kenny on FF government: “We’re in this mess, not because Fianna Fáil policies have failed, but because they have succeeded.”
Has everyone missed the real issue ? The truely well off in our society pay sod all tax (5% maybe) through all those loopholes those nice men in the Dail make.
Those paying high marginal rates are not able to play at that level and have no choice but to pay at 41%. Equally they would have no choice but to pay at 48% or whatever. Close off the loopholes or make them harder to get and bingo tax take on paye up nearly 15%. If you are on 250K you can afford to pay 17K more tax.
Is this bleating about the poor 6% a sign of the classic media manipulation ?
as an aside it would be most interesting to understand where the reductions in income tax are most accute, is it in the 6% of payers or across the board?
Enda Kenny on FF government: “We’re in this mess, not because Fianna Fáil policies have failed, but because they have succeeded.”
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