@ISIDEWITHQuestionseconomyStarted 12yrs agoActive 2wks ago

Should the government raise taxes on the rich?

Should Ireland raise taxes on the rich?

Australia currently has a progressive tax system whereby high income earners pay a higher percentage of tax than low income tax. A more progressive income tax system has been proposed as a tool towards reducing wealth inequality.

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Answer Overview

Response rates from 20.1k Mansion House B voters.

69%
Yes
30%
No
64%
Yes
23%
No
5%
Lower the income tax rate and remove all existing tax loopholes for large corporations
4%
No, but lower taxes for the poor
1%
Yes, and raise taxes on all income brackets
2%
No, keep the current tax structure
1%
Reform to a flat tax

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Trend of support over time for each answer from 20.1k Mansion House B voters.

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Other Popular Answers

Unique answers from Mansion House B voters whose views went beyond the provided options.

 @9ZCWBTSanswered…4mos4MO

Define ‘rich’. If it’s a middle/lower class person who is working two jobs and getting over-taxed because of this then no, if it’s a upper-class person who can survive with being taxed more then yes.

 @9HD2Q4Vanswered…1yr1Y

Absolutely not.I believe in a more simplified tax system and flat income tax . Income Tax 20% ,Corporate 6.5% ,VAT and sales will stay the same. Inheritance,Capital Gains,Carbon and property tax should be removed

 @97TK387answered…2yrs2Y

The government should make a clear distinction between those that are cash rich and asset rich. A farmer with hundreds and thousands of euro worth of land is asset rich but may not have cash liquidity and should not be taxed at a higher rate. However a large corporation owner who is both asset and cash rich should be taxed at a higher rate as they can afford to pay it.

 @9NN29JZanswered…9mos9MO

More tax for businesses. Those who are holding property should be taxed more. More tax on mass rental individuals.

 @9K486Y8answered…1yr1Y

Taxes should be fairly redeemed, if the earner cannot live comfortably because their money has gone on tax, the tax should be lowered, likewise if a person is a very high earner and a higher rate of tax would not effect their comfort of living then the higher tax should be paid. What I have stated is the same structure that we already have but it needs to be fine tuned to find a better balance I believe.

 @97YBF9Banswered…2yrs2Y

No, but increase corporate tax

 @B33XX4Yanswered…2wks2W

Increase the taxes temporarily to try and weather the possible tariff storm that the E.U might be about to face

 @9ZXBJ9Vanswered…3mos3MO

I believe we should have a new tax system with about 5 new brackets taking a lot of pressure of the small pockets and a bit with the average pockets but a bit more pressure on deep pockets
I haven’t worked out the numbers but something like
-€20,000 10%
€20,000-€40,000 20%
€40,000-€75,000 30%
€75,000-€250,000 40%
€250,000- 50%

Latest News

Stay up-to-date on the most recent “Taxes” news articles, updated frequently.

 @ISIDEWITH submitted…7mos7MO

War crime tourists pay $3,000 to see Ukraine’s horror

War Tours, pays a wage to its tour guides – who are refugees themselves – and regularly donates funds to the war effort. But some of his competitors appear to be raking in the cash: one week-long “war tour” package reportedly offered to tourists comes with a £3,000 price tag. Clients are from the US, Britain or “small European countries”, he says, and interest in tours has risen this summer. “I think they deserve to see what’s happening here because their governments support Ukraine, and they pay for that with their taxes,” he says, adding “people have a right to know how their money is spent.” It would seem that the Ukrainian government is also keen to attract visitors. In March, the country announced a campaign to attract tourists, saying it had the infrastructure and hotels to welcome foreign travellers, albeit when the war was over. “Any money that people will spend in Ukraine will help the economy to recover,” said tourism boss Mariana Oleskiv. More than 70,000 people visited the disaster-ravaged area in 2021, with numbers peaking at almost 125,000 in 2019, three years before the war broke out.“People are interested in seeing Bucha because it’s evidence of Russian aggression in their own eyes, rather than just through the media,” he explains. But “they also wanted to see destroyed Russian vehicles, and the different kinds of drones used by both sides, as well as the famous exhibitions in Kyiv”.

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