barryqwalsh
Gold Member
- Sep 30, 2014
- 3,397
- 250
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No. You didn’t imagine it. US president Donald Trump, talking to the Economist newspaper, said that Ireland had done a good job in getting through the crisis by not increasing taxes. Anyone who compares their pay packet now and before the crisis will know just how incorrect this is.
A string of tax changes after 2008 were introduced to help close a gaping hole in the public finances, starting gently in 2008 but revving up sharply when the USC was introduced in 2011 to replace the income and health levies. Tax bands and credits were also changed to get more people into the net, excise duties were hiked, the top rate of VAT was increased and a new residential property tax was introduced in 2013.
Ireland didn’t raise taxes? Now that is fake news
A string of tax changes after 2008 were introduced to help close a gaping hole in the public finances, starting gently in 2008 but revving up sharply when the USC was introduced in 2011 to replace the income and health levies. Tax bands and credits were also changed to get more people into the net, excise duties were hiked, the top rate of VAT was increased and a new residential property tax was introduced in 2013.
Ireland didn’t raise taxes? Now that is fake news
