You would be forgiven by it’s coy name , for mistaking this as a third world relief programme, however it is far from that.
This little jem is designed to aid multinational executives earning up to 7 Million to write off 33% of their salary from income tax.
In 2016 alone, 18 of these special treated elites earned over 1 million Euros each.
This scheme cost our public service (tax payer) 18 Million the same year.
Indeed to give an example one individual executive earned over 7 million in one year..
allowing a whopping 831,000 to remain in their bank account. On top of this ,these Multinationals are earning huge profits. They are well able to pay higher salaries without being subsidised by the tax payers of Ireland.
This unfair tax relief must be lifted off the shoulders of the workers who carry this Country every day. Time for relief for working families not Millionaires.
The malpractice of dual pricing and loyalty penalties being used by the Insurance companies must be tackled Immediately by the Government.
This malpractice is harming our local economy. Despite all the sound bites Co. Wexford has 2% above the National unemployment average. This is a County that depends on small enterprises for employment. S.M.E.’s are under pressure from these enormous unjustified insurance hikes. .
I spoke with a local business man who had to give up his business . He said “I had 3 vans on the road, I had to let one driver and one Van go at first, then my insurance almost trebled again and I had no choice but to close my business.” He had 4 people in full employment including himself.
This malpractice must be outlawed, Insurance companies many of them connected to multinational outlets are ripping off the profits of hard working people, Many of whom work 7 days a week and well over the 40 hour a week.