Enough is enough as we’re already over-taxed

A relative of mine is thinking about buying a new car and it triggered some thoughts about taxation in Ireland.

Enough is enough as we’re already over-taxed

She is looking at a number of car options, but all cost about €15,000. Assuming she wants to do this from hard-won savings, that sum implies she had to earn over €30,000 at marginal tax rates to produce the needed amount.

The Government, on behalf of you and I, already scooped over €15,000 from her in income taxes, but that is only the start of it.

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