Some tax proposals currently being considered by Government should be rejected because they would give far greater benefit to people earning higher incomes while giving nothing to lower income employees according to a study conducted by Social Justice Ireland. The study shows that four of seven options to reduce income tax currently being considered would be profoundly unfair because they would favour only those with higher incomes.
US Secretary of Labor in the Clinton administration, Robert B. Reich has called for the introduction of a Basic Income system. He has linked Basic Income to labor market uncertainty, to climate change strategy, and to automation.
Government’s tax proposals should be rejected because they would give all the benefit to those earning over €32,800 while giving nothing to those earning less than that amount according to a new study by Social Justice Ireland. This study shows that single people earning €125,000 could gain up to €922 (depending on how Government implemented its own proposals) while those earning less thatn €32,800 would gain nothing.
Social Justice Ireland challenges the Minister for Finance’s proposal that the tax band ceiling of €32,800 should be raised. Changing the tax bands in the next Budget would only benefit those who are better off, not those earning low incomes.