Bad taxes

Oct 13th, 2014 | By | Category: Ireland

It is budget day tomorrow. There is small chance of finance minister Michael Noonan introducing a progressive taxation system; one that bears upon people according to their ability to pay, one that is efficient in its collection so as to maximize the revenues available to the state, rather than one where much of what is collected goes to running the collection system. Regardless of what happens, the soft targets will be singled out by the revenue officials, those who do not have accountants and solicitors to massage the figures. The …