Avoiding tough tax choices has consequences

Time to revisit the notion of ‘Tax Freedom Day’, writes Tom Healy.

The minister for finance rightly dismissed a recent suggestion by the Irish Tax Institute that Irish workers ought to be taxed at the 2008 rates. The Tax Institute talk about a ‘Tax Freedom Day’ when workers have paid their entire income tax obligations were they to pay all of their tax upfront and after which they start earning for themselves.