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    1. irishweather5000 on

      Amazing strategy. The handful of billionaires in Ireland would definitely stick around and not just move to Monaco or wherever.

    2. Smart_Highway_7011 on

      Any political philosophy which hinges on one simple individual thing being changed that somehow fixes the wide variety of complex issues across society is just fantasy.

    3. atomictankjk on

      Who do you think currently pays majority of the tax? Top 10% of earners pay roughly 2/3 of income tax and foreign owned multinationals paid almost 90% of corporation tax.

    4. AgentSufficient1047 on

      At 31, I agree.

      For years in college and early work in IT I was clung to the idea that taxing wealth would only stifle growth and innovation. There’s the age old adage about taxation that „you will eventually run out of other people’s money“

      Now I see AI will concentrate wealth and growth into the select hands of the superwealthy and drive millions of people out of work.

      I don’t see it becoming a leisurely utopia, or that AI can create new jobs like the Internet did. It will gut the middle class as far as I can tell.

      The current system we have is one that exacerbates inequality. A shift in policy can only work if the USA jumps first, because if Europe implemented superwealth taxes, the tax pool would flee to low tax havens. But I dont see America getting their shit together anytime soon in order to have that meaningful and frank conversation about how to save their own people from the dystopian future were hurtling towards.

      The 2021 OECD minimum corporation tax rate agreement is a hopeful blueprint for how the world can work together to solve this.

    5. puca_spooka on

      Do we even have that many billionaires living in Ireland? Like I get we have companies that make billions but there’s hardly that many individuals?

    6. I think your confusing Ireland and wherever this billboard is. 

      What makes you think we don’t tax the rich?

    7. Bill_Badbody on

      We do tax the wealthy.

      What we dont do it is tax those on below average incomes.

      https://m.independent.ie/irish-news/almost-four-out-of-10-irish-earners-are-paying-no-income-tax-says-revenue/a974294410.html

      >Almost four out of 10 Irish earners are paying no income tax, says Revenue

      https://www.irishtimes.com/business/2024/05/28/top-77-of-earners-now-paying-more-than-half-all-income-tax-and-usc-report-finds/

      >Top 7.7% of earners now paying more than half all income tax and USC, report finds

    8. MiddleAgedMoan on

      Whenever inequality or injustice is being discussed, what I can never get away from is that we live in a world where there is more than enough food to go around yet people, many of whom are children, starve to death every day.

      While the inequality in developed countries like Ireland is not as stark, why would we believe that the principles of greed and selfishness would be any different here?

    9. corporal_clegg69 on

      Because their money is global and doesn’t have to be here. You get to this point even being a millionaire. Once you use up all your tax breaks in income (pension, isa etc) the only thing you can do to stop the tax man taking your money is keep it in a company. The problem is investment and waste. Taxes are higher than ever.

    10. Willing-Departure115 on

      Ireland collects €30something billion in corporation tax from companies that use us as a base to reduce their overall global tax bills, so in a way we both facilitate billionaires and charge them a toll for using our facilities.

    11. Sufficient_Shift_370 on

      Forbes 2024 published only 11 billionaires in Ireland. Higher taxes for them will actually only make a small dent. Yes tax them but the main issues are better solved by cutting waste and getting value for money

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