Why can’t the rich pay their fair share in tax?

Not too long ago a Sunday newspaper claimed that the 300 richest people in Ireland had increased their wealth by €6bn, and this as austerity had begun to hit ordinary working people, including the poorest.

It has also been revealed that the poorer section of the population experienced an 18% reduction in its disposable income, whereas the richer section saw their disposable income rise 4%.

What this suggests is that the ordinary working people are experiencing the pain of the recession and the richer section is not. Indeed they continue to lead the ‘high life’ and never have to worry about paying a bill.