A few weeks ago I blogged on the % of state funding given to UCD and TCD. I have now updated it, below the fold. TL: DR – the state is no longer the largest funder, and isn’t providing even half the funds. I think the pictures speak for themselves Continue reading
So the general elauction is in full swing. And the theme of GE2016 is “Irish taxpayers are uniquely, punitively, outrageously taxed, and thats causing all our trouble:. Pretty much every party, bar the courageous (in a Sir Humphrey Appleby way) Social Democrats are pledging to cut, slash, reduce….
Meanwhile, away from the fevered fantasies of Irish political parties, in the real world, this is where we are. Data from OECD Taxing Wages 2015, 2014 data : here
First, the total : the tax wedge, defined as the difference between total costs to the employer (so including PRSI and other social security) vs what the employee gets (so including USC and PRSI). Oh, look….
Then tax on the average wage (a shade under €700 per week for 2014 from CSO data) by family type. Cash transfers here are the standard benefit packages such as childrens allowance or its equivalent.
Finally at different percentages of the average wage. Ireland is in red.
Feeling overtaxed is fine. Claiming that we are, at least in the comparative sense, is not. Its not just a misreading, its a misrepresentation. We get the politicians we elect. If we elect people who look us in the eye and lie a hole in a pot, so be it.