What stood out for me was this quote “There are around 3,000,000 Irish taxpayers.”.
This got me thinking. Shouldnt there be a crib sheet of salient, verifiable facts that bloggers etc… can draw upon when assessing/writing and article on the Irish economy.
If Pinsters were to collectively write a one page summary of Ireland and its current economy for distribution to such bloggers, what would go on the page?
What (with refs) would you consider crucial information for those considering Irelands prospects?
As I have repeatedly stated, it is my view that a determined media onslaught will attempt to portray the situation in Ireland as under control/bottoming out/improving.
I further think that Pinsters underestimate the effect this may have on the outcome.
Blogs with such obviously incorrect ‘information’ leave the blogosphere open to criticism whereby any attempt at alternative analysis is undermined by one simple error.
So what, in a concise and readable way, are the facts that you would present?
Aside from the income taxpayers and pensioners, who makes up the other 1.5 million-odd economic agents?
The only way this might work is by separating tax income so that PRSI, DIRT and income tax from one person is counted as three different incomes from different economic agents which of course is wrong.
Value added tax, Second property tax, Capital gains tax, Deposit interest retention tax, Capital acquisitions tax, Excise tax, Plastic bag levy, Vehicle Registration Tax, Motor tax and a fair few more…
What is the current population? 3.8M. That’s pretty much the total number of tax payers.
The take from VAT (consumption tax) most years is about the same as from income tax. About one third of total tax revenue from each. The last third is all the other taxes which pretty much everyone pays, directly or indirectly.