Tax policies targeting high earners, banks, and luxury sectors are designed to impose higher taxes on wealthy individuals, financial institutions, and luxury goods and services. These policies aim to redistribute wealth, address income inequality, and increase government revenue for social programs. Proponents argue that such taxes promote economic fairness, reduce income inequality, and generate funds for essential public services. Opponents argue that these taxes discourage investment, hurt economic growth, and may unfairly burden certain sectors.
@ISIDEWITH2mos2MO
No
@9ZTRR5F1mo1MO
People cannot afford a basic standard of living and most people will never own their own homes. There has never been any kind of wealth equity and the rich only continue to benefit while the every day person suffers.
I have spent 20 years becoming a high earner. My early working life was pay freeze after pay freeze, USC, Bertie Ahern and his mates stealing my money. I have ground it out, moving from rental to rental for years, living for work. My stress is off the charts I work so hard, and I already pay far more tax than most people. Yet I still can't afford to buy a decent sized gaff anywhere near my work. If they introduce tax to get what I feel I truly deserve, I'll be like Michael Douglas in Falling Down.
@9ZHWS59Independent2mos2MO
I think extreme high earners should be taxed over €250k but I think taxing people on €40-100k at the higher rate is wrong
@9ZJQMRM2mos2MO
Yes on banks and luxury sectors, but higher earning individuals should constitute those earning six figures or more… ie. Raise the higher tax bracket
@9ZHJGXT2mos2MO
I support having income tax bands that tax high earners proportionate to their earnings however believe that exit tax on investment gains should be lowered and a threshold introduced.
@9ZVZZTT1mo1MO
I do believe in progressive taxation but we need to strike a balance where highly earned individuals are not wanting to emigrate because of too high a tax policy. We need to maintain skilled workers in the country.
@9ZVSP9D1mo1MO
Yes but again I think the concept of high earner needs to be looked at. 100k earnings may seem high however if you have little disposable income then I don’t think it is fair to raise the taxes too much as these people do not get many benefits from the state etc
shouldn't be taxed because of their luck and fortune. no rich person in Ireland is made rich from their annual earnings
@9ZV32QR1mo1MO
Leave higher earners and workers keep their income but banks broke this country and need to be taxed and controlled better to make mortgages etc more affordable / accessible
@9ZTH7791mo1MO
Banks and Luxury sectors yes, but what do you classify as a high earner? No to higher earner being taxed more.
@9ZT525J2mos2MO
Yes depending on what falls under "luxury sectors" ie hair and beauty salons can be considered luxury sectors to some but are mainly small businesses providing employnent opportunity in a low wage sector
Banks and luxury sectors yes not high earners to a massive extent as that is simply unfair they work for their money.
@9ZT3LCT2mos2MO
Wealth and luxury is not a crime in itself but the divide between the rich and everybody else is too big
@9ZK5C3CIndependent2mos2MO
These tax policies although seem like they target higher earners are seemingly only pushing away investment in Ireland and actually trickling down on middle and lower class.
@9ZJS9VVIndependent2mos2MO
Depending on the nature of the business as you don’t want big companies not coming here and providing jobs and improving the economy but the tax bracket needs to be amended. There is no reason whatsoever as to why people who earn €45000 are taxed at the higher bracket. The state the economy is at and how little the actual tax payer gets in return for paying their taxes is shocking. Unless you earn over a €7000 you should not be paying more then 25% tax
@9ZJMJ7S2mos2MO
Taxes should be higher for those earning more money however there shouldn’t be policies that explicitly target these groups.
@9ZHSLRWIndependent2mos2MO
Yes to banks and luxury sector but not for high earning individuals. Incentivize these people to actually pay tax here instead of bringing their money out of the country
Not really if someone has worked hard to be sucessful I don't think they should be treated more harshly
Somewhat however it must be highly regulated and should only target banks and sectors no high earners
@9ZKM6BGIndependent2mos2MO
What exactly is a high earner ? For example a salary over 300,000 is what I would consider a high earner…
@9ZKJN33Social Democrats2mos2MO
Higher taxes yet but sector dependant - film industry for example is booming due to tax incentive creating a huge amount of work here in an incredibly competitive global industry
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