Inequality needs addressing

Your editorial (Aug 10) “Fairness must define the budget” had the ring of wishful thinking about it — if the depression has taught us one thing it is that Irish politicians do not do “fairness”.

Inequality needs addressing

We simply have to look over the last budget to see that the poorest saw their incomes tumble while the wealthiest saw very significant increases in theirs — and this situation was delivered with a Labour Party at the helm.

Two events in the same week as your editorial demonstrated that things are very unlikely to change. Firstly we had the politicians clapping themselves on the back because the wealthiest elites have paid 30% income tax in the last year figures are available for. This looks impressive when compared to what they had previously being paying, thanks to the likes of Charlie McCreevy, a paltry 5%. (Astonishing to think that this state of affairs was going on for years and nobody in power thought that it might be in the slightest unfair.) So it is not surprising to find that Ireland is the unfairest country in Europe when you see that our highest tax rate is 41%, while in civilised countries like Denmark or Sweden high end income attracts rates of the order of 63%.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

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

© Examiner Echo Group Limited