Upcoming Events

National | Anti-Capitalism

no events match your query!

New Events

National

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link Ukraine Buys Huge Amounts of Russian Fue... Fri Jan 20, 2023 08:34 | Antonia Kotseva

offsite link Turkey Has Sent Ukraine Cluster Munition... Thu Jan 12, 2023 00:26 | Jack Detsch

offsite link New Israeli Government Promises to Talk ... Tue Jan 10, 2023 21:13 | Al Majadeen

offsite link Russia Training Iranian Pilots Ahead of ... Tue Jan 10, 2023 15:19 | The Times of Israel

offsite link Lukashenko Abolishes Copyright Protectio... Tue Jan 10, 2023 15:05 | Nikki Main

Anti-Empire >>

The Saker
A bird's eye view of the vineyard

offsite link The Next Stage in Western Escalation Fri Jan 27, 2023 20:00 | The Saker
by Batiushka for the Saker blog Introduction: The Story So Far So far the US has carried out regime changes and created military conflicts in countries friendly to or important

offsite link ?Doomsday clock?: 90 seconds to midnight Fri Jan 27, 2023 15:06 | The Saker
by Pepe Escobar for PressTV, cross posted with the author’s permission The Doomsday Clock, set by the US-based magazine Bulletin of the Atomic Scientists, has been moved to 90 seconds

offsite link Moveable Feast Cafe 2023/01/27 ? Open Thread Fri Jan 27, 2023 11:30 | cafe-uploader
2023/01/27 11:30:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link An update about the blog Fri Jan 27, 2023 10:00 | The Saker
Dear friends Today rather than commenting on the risks of a major war in Europe, or even the entire northern hemisphere, I want to share a few things about the

offsite link 7549 and Counting Thu Jan 26, 2023 15:36 | The Saker

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

offsite link Formal complaint against Robert Watt Anthony

offsite link RTE bias complaint Anthony

offsite link Fergus Finlay and the maternity hospital ‘gotcha’ trap Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights

offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

Human Rights in Ireland >>

Government Must Tax the Super-Rich!

category national | anti-capitalism | opinion/analysis author Friday October 08, 2010 19:50author by Paddy Healyauthor email paddy.healy at eircom dot net Report this post to the editors

Among the taxation proposals being mooted by government for the next and subsequent budgets is an extension of tax to the lower paid. This is to be accompanied by continued draconian reductions in the provision of health, education and other services required by the population generally and particularly by the poor. Government cuts and impositions on the poor and those on middle incomes who spend most of their income in Ireland will flatten the economy and increase the disastrous levels of unemployment and emigration.

Much of the €90 billion irresponsibly borrowed abroad by Irish banks since 2003 is still in the possession of the super-rich.

The borrowings which have bankrupt many developers have been paid to others.

The repayments on these borrowings are now being made by the citizens generally. Surely this money must be restored to the State as a priority?

The only way to recover this money is through an assets tax which is common in several countries (France, Norway, Switzerland) and in several states in the US.

If the €320 billion in assets (Wealth of the Nation Report, 2007) held by the top 5 per cent in 2007 has now shrunk to €250 billion, a 2 per cent annual assets tax on the top 5 per cent of asset holders would bring in €5 billion per year.

Raising the tax on the top 6 per cent who earn over €100,000 per annum from 27 per cent to 32 per cent of total salary, would raise a further €1.5 billion per year.

A significant increase in income taxes and assets taxes on the rich is no longer merely desirable in equity, it is a necessity in order to rescue the economy and to protect human services provision.

There is a real economic emergency. Surely the super-rich should make an emergency contribution? How about a little patriotism from them?

author by old codger - pensionerpublication date Sat Oct 09, 2010 16:32author address author phone Report this post to the editors

While this government holds power the rich will prosper and the poor will pay. Today it was stated that nama could not retreieve the wealth transfered to wives and family by developers. The politicians are shareholders in many of the companies that are in default and are protecting themselves as well as friends. we need a new government and a complete cleanout of our corrupt system . Fianna Fail appointed Judges and Gardai will not commit to their own demise.

 
© 2001-2023 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy