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.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited