GERMAN ECONOMIST PETER Bofinger has said that high earners and those who benefited most from the developments of the boom years in Ireland should be made to pay higher taxes.
Meanwhile the Italian government has signed off on a €45.5 billion austerity package, which includes a “solidarity” tax for high-earners. Anyone with an income over €90,000 a year will be assessed an additional 5 per cent tax in each of the next two years. The rate will be 10 percent for incomes over €150,000.
What do you think? Should high earners or those who made a lot of money during the boom years be now subject to additional taxes in Ireland?