[Olog-hai]

They’ll just never learn.

[Simon Green]

From each to each.

[rrrod]

Cool.../s

[blackdog]

Why stop at 43%? Why not 72%? More is better.

[prophetic]

As I've always said:
Politicians always sees taxpayers as nothing more than bags of money with legs, and just as a means to infinitely fund the wasteful spending without thoughts of the hardship beings caused to them.

[Secret Agent Man]

So earn 100,000, have government confiscate 43,000 of it.

Yeah that will incentivize people to work hard.

[Secret Agent Man]

I mean, look at all the governments throughout history that have taxed their way into prosperity and surplus.

[Jonty30]

I’m laffing at this.

[aquila48]

“Budget 2019: New 43% income tax rate could raise €433m for Government [Ireland]”

And empty people’s pockets by 433m euros...

The always forget that part.

[CptnObvious]

The base rate 0-38K EU is 20%. You get about 3K relief (personal deduction) off of income first and possibly other various deductions and credits like here in the US. But the lowest tax rate is 20% while it is 10% here in the US.

. They also have a Value Added Tax (much worse than just sales tax) of 23%. Compare that to the usual state sales tax of 6%.

UGH!

[onona]

Don’t ya just love how reducing income tax rates “cost” government money ?

[I want the USA back]

Tax them at 100% and see how much revenue that brings in. Doesn’t anyone realize that confiscatory tax rates are equivalent to communism, where the government is the only employer and pays you what it thinks you deserve?

[dfwgator]

Even JFK understood lowering tax rates increased revenues.

[Stentor]

It’s Ireland. At least they can talk you into believing it’s a good idea.

[originalbuckeye]

I was NOT JOKING, when I told you all that my tax bite in Britain (while making PEANUTS at the time) was 50%. And that was the LOWEST TAX BRACKET in the mid 80’s in Britain. The Beatles weren’t joking either when they (as the British Government) asked ‘should 5% appear too small, be thankful we don’t take it all’ in their song, ‘Taxman’. Americans have NO IDEA how confiscatory taxation works. All Americans hear is FREE STUFF. And they figure ‘the Government’ will pay for all the free stuff, not realizing that the Government is US.

[WMarshal]

The productive Irish wil just leave. The tax specifically targets people who own their own business which must include many professionals that don’t need a lot of capital investment in offices and equipment. Professionals of this type can move very easily.