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15 Comments
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Great news.
“Get rid of the USC” crowd : <crickets>
Sorry to be the debbie downer, but “according to the Department of Finance” and all the bright claims made within in a country where renters struggle to have a roof over their head doesn’t really cut the mustard…but hey! The booms getting boomier, sunshine and rainbows coming out of their arses, what could go wrong?
I’ll guess you’ll want me to take Bertie’s advice on the matter soon daring to have a different opinion and not being happy for **your** relative comfort in this economy lol.
It’s a quite unfair system for people squeezed in the middle who are yet to build their lives and get hit by USC and 40% tax in the current economy.
Is this part of the reason for the housing crisis? I don’t know much about economics but wouldn’t Irish people then just not invest money in ETFs and stocks because ROI would be taxed so much? Leading to the only smart thing to do with money is to buy property, but then when you pay inflated prices you do whatever you can to stop properties going down in value through NIMBY objections which the Irish system allows to be abused. Am I just making a weird correlation though?
We do very well as minimising income inequality through our tax system alright,, wealth inequality is a bit more sketchy.
In any case, it’s a strong rebuttal to the oft-stated claim that Ireland is a “Neo-Liberal” economy – Ireland is many things, but Neo-Liberal is not one of them.
The department of finance investigated themselves and found that they’re the best in the world. How is this newsworthy.
This is literally from a self-made report by the Department of Finance.
Cheers The ~~Irish~~ Government Times.
Sinn Fein’s fault.
Great job on the Dept of Finance for this report saying that they’re doing a stellar job!
Hey guys, also news just in. I’m the soundest and sexiest of any man, according to this new report I’ve published. Please bow in awe
Yeah this isn’t a good thing.
Most people don’t know what “progressive” means in this context. It does not mean: modern / better / fairer / good. It means: if you have the temerity to earn more money, we’ll tax the fk out of you by progressively increasing the rates. And then we’ll completely waste it all.
And there was I, convinced by Reddit that we lived in a right wing, “neoliberal” hellhole.
Now make a report about what people get in return of paying this “progressive” taxes.
Let me tell you: Nothing