1) Apply a fair and equitable tax system across all sectors, instead of the one in place.
2) Take the €Billions back from the banks and give government bank drafts, made out to the respective lenders, to all of the people in default. (Homes only, not developments of holiday homes). They then pay the banks, get out of trouble and the banks get their money anyway. The markets then see less risk in the bank of toxicity.+1
3) Cap all salaries at €100k and divert anything over that to the exchequer for community and social improvement, including education and health, care of the elderly, transport infrastructure and green technologies.
4) Remove the administration of expenses from the control of the Oireachtas members and their civil servants. They cannot continue to decide their own incomes. Alter the Constitution to place this under the aegis of the President, who would preside over a special body to avouch these expenses.
5) Remove the Tax-Exile provision ENTIRELY and also the stud-fees exemption from the equestrian industry and Artist earning over €1m pa
About Me
- Alan Brophy
- Hi, I have set up this site in order for for people to have a place to make suggestions and have debate on the problems Ireland now faces. It is open to comment from all, the employed, the unemployed, business leaders, politicians, students, emigrants, immigrants, public and private sector workers, all of you. Anything you have to say is worthwhile, I want this to be a positive platform but I realise that's quite difficult at the moment, but even from negative comments something constructive can arise. I will only moderate nasty or offensive comments. I intend to forward the link to this site to every member of the Dail and Seanad on a regular basis, it's not much I know but it may get something started. To get peoples points across more clearly, I intend to publish Comments as posts, this I hope will generate more debate and further comment.
When you say cap all salaries at €100k, would this apply to everyone in the country or just those in receipt of a salary from the State?
ReplyDeleteOK, let me weigh in here:
ReplyDelete1) How about a flat tax system? Everyone pays an equal share of their income towards tax & there are *no* tax deductions. This alone will create a huge savings by removing all the costs of collecting tax, tax audits etc.
2) Why? Did these people not voluntarily decide to take out one or more mortgages? What about those who decided not to get in on the property frenzy? Do they get penalised by omission?
3) Again why? What's wrong with a salary over 100k perse? Are you referring to public sector wages, private sector wages or both? Either way an absolute cap on salary levels is counter productive. Just make sure that everyone performs according to their salary level.
4) This is also unworkable. Just make those who sign of on the expenses as liable to be held responsible for fraud as the person committing the fraud.
5) The stud-fee and artist tax exemption both have to be removed. The tax exile rule needs overhaul and scrutiny.
Point one I can agree with, but it seems very much in conflict with points 2-5.
ReplyDeleteOne can fairly safely assume that all the tax that one requires is available, however it is raised (if you average over a long enough time frame). So what remains is deciding on the purpose of taxation, which seems to be two-fold:
1: Taxation as an instrument to influence behaviour. What kind of activities should the state seek to encourage/discourage through tax policy?
2: Taxation as a means of funding public spending. What do we want this money spent on? More of the same just more refined, or should we really be thinking about the type of country that can be created through the unique opportunities afforded by state expenditure?
I'm of the view that the finer details of whom is taxed and by how much become apparent if one can address these two questions.
-L