Well, I certainly hope so. I was just listening to Pat Carey the government Chief Whip on the radio conceding that it may be necessary to implement a third taxation rate! My goodness, what an absolute stroke of genius. If you look at my previous post you will see that I have suggested not just a third tax rate or possibly 15 or 20 Incremental tax rates. Now it transpires that Labour have decided to support the same policy as have Fine Gael.
It really would make you wonder what have the people within the Department of Finance or at the revenue Commissioners been doing all these years? Why it took them so long to come up with a simple solution to what is a simple problem i.e. an equitable income tax system, raises its own questions. I believe that while the majority of people in this country were making what could be deemed to be a reasonable living the voices of the less well-off and marginalised within our society were quite simply ignored. An equitable tax system was not considered to be necessary and even if it were, it most certainly was not urgent.
Alas, now that things have changed so dramatically and a huge number of people within the country are finding it very difficult to make ends meet, the question of an equitable income tax system now has a new sense of urgency. It should not have waited until now but that being said, better late than never. Indeed, that comment can be made about many of the challenges that face the Country. Maybe the government should read the rest of my blog???
At the end of the day the problem with common sense is that, it is simply not that common!