Ronan Lyons has posted a new item, ‘Should we let Michael O’Leary run our income
This post examines Michael O’Leary’s suggestions in relation to Ireland’s
income tax system, in particular making it simpler and ensuring everyone
contributes but not too much! It uses recently published Revenue Commissioners
figures for income in 2008 to estimate who would like the proposal and who would
hate it, Government included. It concludes with a few tweaks to the proposal,
including in relation to income earned through social welfare.
full article at source:http://www.ronanlyons.com/2011/08/23/should-we-let-michael-oleary-run-our-income-tax-system/
The current government’s policy of taxing workers and business up to the gills is only going to bring about less revenue I can see this already happening .I called a plumber two days ago to give me a quote on some pipe work I was thinking of getting done he quoted me two prices one cash price and one with a receipt needleless to say the cash price quote was a good 28 % cheaper now extrapolate that throughout the country. Taxing people so much doesn’t make sense ask Michael O Leary everybody knows he wants as much profit for Ryan air as possible but does he increases the prices he charges for flights no, he continues cutting his prices. That is why his company is one of the largest airlines in the world.
I rest my case on Taxes , this budget is a disaster for Ireland