Rich profiting from our hardship
Figures released by the Revenue Commissioners in 2012 show that the top 20% of income earners pay tax at only 21%, while the top 1% pay just 24%. In July, last year Social Justice Ireland reported that the gap between Ireland’s rich and poor is widening.
Over a single year, the disposable income of Ireland’s poorest households fell by a massive 18.6 %, while the income of the richest tenth increased by more than 4%.