Saturday 16 December 2017

Thomas Molloy: Labour beats Fine Gael in tricky art of taxation

Thomas Molloy

Thomas Molloy

Economist Milton Friedman once wrote that governments can raise taxes because they can persuade a sizable fraction of the populace that somebody else will pay.

To their credit both Fine Gael and Labour admit pretty much everybody will have to pay something to get us out of the present mess.

The problem is they are coy about exactly how much it will cost you and your family and like to imply that somebody else will end up paying more than you.

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