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Who pays the most tax in Ireland


Rocky

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Interesting article on the Sunday Business Post website about a week ago. It comes from a question from Richard Boyd Barrett to Minister Noonan on the Breakdown of who pays tax in Ireland.

Some interesting stats from it. The most notable of which are:

- The top 1% of people pay 18% of all income tax, USC and PRSI we receive. The top 1 per cent of income earners pay an effective tax rate of 38 per cent. There are 21,650 people in this bracket, with average earnings of €403,000.
- The top 20% of people pay 71% of income tax, USC and PRSI we receive. The average income for this category is €100,000.

It's interesting on two basis:
1. It files in the face of the notion that the top aren't being touched during the crisis and that all tax comes from the middle class.
2. It shows how dependent we are for tax on a small number of people, who you imagine are the most mobile.

Full article here and there's a lot more in it:
The Sunday Business Post
 

gijoe

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Michael O'Leary must be consistently either at or close to the top year after year. If he had any sense he would take up residence in the Isle of Man.
 

Victor Meldrew

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Michael O'Leary must be consistently either at or close to the top year after year. If he had any sense he would take up residence in the Isle of Man.
Unlike the more "sporting" of the business elite, Michael actually considers himself a citizen of this country, not a member of the ascendancy.

He gets a lot of stick for being a Clongowes boy and for his (perceived) right wing views, but compared to the racehorse owning and soccer club/team supporting/funding "betters", he is actually ethical.
 

Mercurial

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It's interesting on two basis:
1. It files in the face of the notion that the top aren't being touched during the crisis and that all tax comes from the middle class.
2. It shows how dependent we are for tax on a small number of people, who you imagine are the most mobile.
I thought the complaint was not that all the tax is coming from the middle-class, but that the middle-class are suffering disproportionately compared to the very rich.
 

Amnesiac

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Oct 27, 2011
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Interesting article on the Sunday Business Post website about a week ago. It comes from a question from Richard Boyd Barrett to Minister Noonan on the Breakdown of who pays tax in Ireland.

Some interesting stats from it. The most notable of which are:

- The top 1% of people pay 18% of all income tax, USC and PRSI we receive. The top 1 per cent of income earners pay an effective tax rate of 38 per cent. There are 21,650 people in this bracket, with average earnings of €403,000.
- The top 20% of people pay 71% of income tax, USC and PRSI we receive. The average income for this category is €100,000.

It's interesting on two basis:
1. It files in the face of the notion that the top aren't being touched during the crisis and that all tax comes from the middle class.
2. It shows how dependent we are for tax on a small number of people, who you imagine are the most mobile.

Full article here and there's a lot more in it:
The Sunday Business Post
Did RBB have a press release for this information?
 

Victor Meldrew

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On the thread generally, what % of the 1% are state employees or dependent on state funds for their fees? (senior civil servants, heads of state funded bodies / Consultants / barristers / lawyers)

What would the figures if we excluded those ?
 

Rocky

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I thought the complaint was not that all the tax is coming from the middle-class, but that the middle-class are suffering disproportionately compared to the very rich.
I think it's both. These figures all oppose the second argument as well, as the rich are paying a higher rate of tax, as of course they should be.
 

jake76

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Feb 15, 2007
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On the thread generally, what % of the 1% are state employees or dependent on state funds for their fees? (senior civil servants, heads of state funded bodies / Consultants / barristers / lawyers)

What would the figures if we excluded those ?
Probably not a huge number of the 1% but probably a big percentage of the top 20%.
 

Con Gallagher

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Who pays the most tax?
A private sector PAYE worker who earns over €100,000, smokes 20 a day, drives an SUV (which he changes every year),takes 10 flights a year, drinks 3 bottles of wine a week, owns a second property which has a TV (edit: and 2.4% of his pension pot is to be seized by the State to pay for a job displacement programme).

That tax is then used to contribute to pay €100,000 to a public sector non-smoking cyclist non-drinker who doesn't need a second property as his pension because the one he has is better than the sucker above could buy (even if was ever on he market). This man decides how the above's money should be spent, because he is better qualified to do so.
 
Last edited:

commonman

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When you accumulate all the tax we pay and the new ones that are coming in, we pay a lot, but what i like to know is what % of people dont pay any tax.
 

smitchy2

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Here is a question what portion does income tax account for in terms of total tax take?

You should please change your post to reflect what tax your talking about.
I am sure you do not count people who pay VAT and excise duties as taxpayers but you should really have a think about that one.
 

Victor Meldrew

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Probably not a huge number of the 1% but probably a big percentage of the top 20%.
It probably merits a more subtle cohort analysis. it would be interesting for gauging who would bugger off if tax was increased.

Semi state "execs" / Quangoinstas / legal eagles and senior civil servants are never going to leave the country.

Private sector execs have a breaking point though. I'd say north of €150K household income, if your skills are exportable, there is a risk of flight.

Of course, kids in school is a good anchor, which would be typically the case at these pay grades.

All of the above should be qualified with a resistance to taxing income anymore, or taxing any form of business enterprise more.
 

Spanner Island

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Michael O'Leary must be consistently either at or close to the top year after year. If he had any sense he would take up residence in the Isle of Man.
When you're as well off as O'Leary... perhaps living here with family and friends and enjoying your hobbies is more important than craving and chasing even more wealth...

Now if only the likes of Denis O'Brien and Sean Quinn and U2 weren't motivated by greed and/or stupidity, then we might actually have a better country...

O'Leary should be respected for staying here and paying his taxes, not to mention creating one of the most successful airlines in the world...

Sadly though, some people would prefer to back the likes of Mick Wallace and Sean Quinn and lambast O'Leary at every opportunity they get...

There sure are plenty of dumb asses in Ireland...
 

brughahaha

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Here is a question what portion does income tax account for in terms of total tax take?

You should please change your post to reflect what tax your talking about.
I am sure you do not count people who pay VAT and excise duties as taxpayers but you should really have a think about that one.
Yep , a lot of these articles/ figures are slanted to give an impression or PR for a section of society, especially in the run up to the budget.
Traditionally Ireland has had very high stealth taxes,remember our 'unique' VRT, our massive stamp duty etc etc and there are a raft of levy's and surcharges on everything from House Insurance to Electrical bills. Stealth charges tend to be far less progressive than income tax , so wonder what the statistics would like for total tax take from 35,000 and 120,000 incomes
 

daveL

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When you're as well off as O'Leary... perhaps living here with family and friends and enjoying your hobbies is more important than craving and chasing even more wealth...

Now if only the likes of Denis O'Brien and Sean Quinn and U2 weren't motivated by greed and/or stupidity, then we might actually have a better country...

O'Leary should be respected for staying here and paying his taxes, not to mention creating one of the most successful airlines in the world...

Sadly though, some people would prefer to back the likes of Mick Wallace and Sean Quinn and lambast O'Leary at every opportunity they get...

There sure are plenty of dumb asses in Ireland...
in one Spanner... was about to post something along the exact same line.

Country packed to the hilt with begrudgers, gombeens and idiots.
 

Stuckintipp

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Nov 4, 2011
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Cant fight with the arguement that the top 1% pay 18% of the total income tax take. Anyone care to speculate or even provide proof what the top 1% own? Also while we're at it they seem to pay a lower % then the 'normal' person.
 

Fides

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Cant fight with the arguement that the top 1% pay 18% of the total income tax take. Anyone care to speculate or even provide proof what the top 1% own? Also while we're at it they seem to pay a lower % then the 'normal' person.
Not sure who you might define as a "normal" person but they will not be paying an effective tax rate of 38%. Someone on eur38k with no deductions will pay an effective tax rate of just 15.5%.
 
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