Three Cheers for Pearse Doherty TD

[muppet]

http://www.rte.ie/news/2013/1016/480659-post-budget-reaction/

Ms McDonald said it is Sinn Féin's view that the fairest way to balance the books is to levy the burden on people who have more.

At what point does someone cross over from having less to having more? Is that measured in gross income? Disposable income? If you earn more than €42,628.27 then you have more and there will be a 3% tax on all of your earnings - is this the type of thing that they are on about?

It is populist crap aimed at people with on benefits to outflank Joe Higgins and his far-lefties. Of course if they ever got into Government it would be dumped quicker than you could say 'cut benefits in the wee 6'.

[trueblue1234]

Good stuff lads - from one guy who post 3 times as often as I do and one 6 times... Dole?

[Jim_Murphy_74]

http://www.rte.ie/news/2013/1016/480659-post-budget-reaction/

Ms McDonald said it is Sinn Féin's view that the fairest way to balance the books is to levy the burden on people who have more.

At what point does someone cross over from having less to having more? Is that measured in gross income? Disposable income? If you earn more than €42,628.27 then you have more and there will be a 3% tax on all of your earnings - is this the type of thing that they are on about?

According to ESRI 75% of tax take in Ireland comes from 22% of the population. 

I guess the question is that 22% the "people who have more" or others?  And if that 22% are the "people with more" should they contribute more than 75%. ?

Or is the stat bullsh1t?

/Jim.

[screenexile]

http://www.rte.ie/news/2013/1016/480659-post-budget-reaction/

Ms McDonald said it is Sinn Féin's view that the fairest way to balance the books is to levy the burden on people who have more.

At what point does someone cross over from having less to having more? Is that measured in gross income? Disposable income? If you earn more than €42,628.27 then you have more and there will be a 3% tax on all of your earnings - is this the type of thing that they are on about?

According to ESRI 75% of tax take in Ireland comes from 22% of the population. 

I guess the question is that 22% the "people who have more" or others?  And if that 22% are the "people with more" should they contribute more than 75%. ?

Or is the stat bullsh1t?

/Jim.

The Pareto Principle . . . it's probably about right!

[muppet]

http://www.rte.ie/news/2013/1016/480659-post-budget-reaction/

Ms McDonald said it is Sinn Féin's view that the fairest way to balance the books is to levy the burden on people who have more.

At what point does someone cross over from having less to having more? Is that measured in gross income? Disposable income? If you earn more than €42,628.27 then you have more and there will be a 3% tax on all of your earnings - is this the type of thing that they are on about?

According to ESRI 75% of tax take in Ireland comes from 22% of the population. 

I guess the question is that 22% the "people who have more" or others?  And if that 22% are the "people with more" should they contribute more than 75%. ?

Or is the stat bullsh1t?

/Jim.

In 2009 4.7% paid  45.3% of the tax: http://www.publicpolicy.ie/budget-2013-progressivity-of-irish-income-tax-system/

The progressivity of the Irish income tax system is clear. According to Revenue data for 2009, there were 100,000 taxpayers who had an income of over €100,000. These comprised 4.7 % of taxpayers and they accounted for 22.6 % of income but paid 45.3% of the income tax.

[deiseach]

http://www.rte.ie/news/2013/1016/480659-post-budget-reaction/

Ms McDonald said it is Sinn Féin's view that the fairest way to balance the books is to levy the burden on people who have more.

At what point does someone cross over from having less to having more? Is that measured in gross income? Disposable income? If you earn more than €42,628.27 then you have more and there will be a 3% tax on all of your earnings - is this the type of thing that they are on about?

According to ESRI 75% of tax take in Ireland comes from 22% of the population. 

I guess the question is that 22% the "people who have more" or others?  And if that 22% are the "people with more" should they contribute more than 75%. ?

Or is the stat bullsh1t?

/Jim.

In 2009 4.7% paid  45.3% of the tax: http://www.publicpolicy.ie/budget-2013-progressivity-of-irish-income-tax-system/

The progressivity of the Irish income tax system is clear. According to Revenue data for 2009, there were 100,000 taxpayers who had an income of over €100,000. These comprised 4.7 % of taxpayers and they accounted for 22.6 % of income but paid 45.3% of the income tax.

That's income tax. In 2012 income tax was only 42% of government revenue (see page 10). VAT and customs & excise, which tend to be regressive in nature, were 44% of revenue.

[Rossfan]

Indeed. A pint has the same tax on it whether the drinker earns 25,000 or 250,000.

[muppet]

http://www.rte.ie/news/2013/1016/480659-post-budget-reaction/

Ms McDonald said it is Sinn Féin's view that the fairest way to balance the books is to levy the burden on people who have more.

At what point does someone cross over from having less to having more? Is that measured in gross income? Disposable income? If you earn more than €42,628.27 then you have more and there will be a 3% tax on all of your earnings - is this the type of thing that they are on about?

According to ESRI 75% of tax take in Ireland comes from 22% of the population. 

I guess the question is that 22% the "people who have more" or others?  And if that 22% are the "people with more" should they contribute more than 75%. ?

Or is the stat bullsh1t?

/Jim.

In 2009 4.7% paid  45.3% of the tax: http://www.publicpolicy.ie/budget-2013-progressivity-of-irish-income-tax-system/

The progressivity of the Irish income tax system is clear. According to Revenue data for 2009, there were 100,000 taxpayers who had an income of over €100,000. These comprised 4.7 % of taxpayers and they accounted for 22.6 % of income but paid 45.3% of the income tax.

That's income tax. In 2012 income tax was only 42% of government revenue (see page 10). VAT and customs & excise, which tend to be regressive in nature, were 44% of revenue.

Yes that is not in dispute. SF are calling for higher income taxes. The stats on income tax shows that her proposed victims already pay for the rest.

[Hound]

Indeed. A pint has the same tax on it whether the drinker earns 25,000 or 250,000.

But a single guy who spends all his money on VATable products/services would incur:

25,000: 4k in tax, 4k in VAT
250,000: 120k in tax, 24k in VAT

[deiseach]

Yes that is not in dispute. SF are calling for higher income taxes. The stats on income tax shows that her proposed victims already pay for the rest.

Point taken.

[muppet]

Indeed. A pint has the same tax on it whether the drinker earns 25,000 or 250,000.

But a single guy who spends all his money on VATable products/services would incur:

25,000: 4k in tax, 4k in VAT
250,000: 120k in tax, 24k in VAT

If All-Ireland Final ticket prices were according to the pension arrangements announced in the 2014 budget, they would be as follows:

Self- Funded Pension €0: 2 free tickets and a booze allowance of €100;
Self-funded pension <€20,000: pay for 1 ticket get 1 free ticket and pay for you own booze;
Self-funded pension: €20,000 - €35,000: pay for 2 tickets and pay for your own booze;
Self-funded pension: €35,000 - €60,000: pay for 2 tickets  and pay for your booze and the booze for those who funded nothing;
Self-funded pension: >€60,000: pay for 5 tickets - 2 for yourself and the 1 ticket for the <€20,000 pensioners and 2 tickets for those who funded nothing;
Politician/Top civil servants unfunded pension >€60,000: Exempt - Get 4 free tickets;

If yesterday is anything to go by the main people complaining would be last group whinging about the injustice on the first group, thus nicely distracting from their own lucrative exemption.