Saturday, 1 December 2012

Rates

Many years ago the Government decided note to gather taxes via the rates method, but to disperse takings from the income tax base. Now, under orders from the Troicha, they are going to introduce rates. Surely this is not the time. I have no problem with the rates system, but, the equivalent value of the rates must be taken off income tax first. I am not sure how many people who own their house are unemployed, but I am sure these people will not be paying any rates. In one county (Kilkenny) it as about 10%. After all they cannot afford to pay their mortgage, never mind rates. Ireland I fear has only one future, and that will be to drag itself back to the 1950's as fast as possible.

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