OWN | Older Women's Network
A Network for Midlife & Older Women
The wealthy can afford to give more. Tax wealth for the common good.
In less than 4 weeks the government will announce the budget for 2012.
We all know that our economy is in a crisis and that struggling families are
stretched to the limit. At this time we really need those who can afford it to
give more. All the indications are that low and average income households
are facing increased charges and cuts in benefits/supports.
Meanwhile financial wealth is on the increase and becoming even more
concentrated in the hands of a few. It does not have to be this way.
The government can tax wealth which will be less socially and economically
damaging. It is the right choice.
Tax options could include:
1. A levy on assets and property worth over €1 million
2. High net worth Irish citizens paying their dues here so that the number of tax exiles
decreases
3. Eliminating tax breaks for those with high incomes so that they pay their fair share
4. A levy on financial transactions (Tobin Tax)
5. A higher tax rate on incomes over €100k
We all know that our economy is in a crisis and that struggling families are
stretched to the limit. At this time we really need those who can afford it to
give more. All the indications are that low and average income households
are facing increased charges and cuts in benefits/supports.
Meanwhile financial wealth is on the increase and becoming even more
concentrated in the hands of a few. It does not have to be this way.
The government can tax wealth which will be less socially and economically
damaging. It is the right choice.
Tax options could include:
1. A levy on assets and property worth over €1 million
2. High net worth Irish citizens paying their dues here so that the number of tax exiles
decreases
3. Eliminating tax breaks for those with high incomes so that they pay their fair share
4. A levy on financial transactions (Tobin Tax)
5. A higher tax rate on incomes over €100k
It is time to draw the line. Across the world moves are being made to ensure that those
with the most take their fair share of the burden. One way to have your voice heard is
to sign the petition. This calls on TDs and Senators to vote for Budget 2012 ONLY if it
includes increasing taxation on wealth. We need to get 10,000 signatures by November 28th
as this will demonstrate to the Government that there is public support for taxing wealth.
Sign the petition on www.claimingourfuture.ie where you will also find information and
facts about wealth and taxation
Yours in hope and solidarity
Richie
PS After you have signed it please forward, post on Facebook and tweet.
with the most take their fair share of the burden. One way to have your voice heard is
to sign the petition. This calls on TDs and Senators to vote for Budget 2012 ONLY if it
includes increasing taxation on wealth. We need to get 10,000 signatures by November 28th
as this will demonstrate to the Government that there is public support for taxing wealth.
Sign the petition on www.claimingourfuture.ie where you will also find information and
facts about wealth and taxation
Yours in hope and solidarity
Richie
PS After you have signed it please forward, post on Facebook and tweet.
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Did You Know?
The term ‘older people’ encompasses a vast range of individuals, each shaped by a unique set of life experiences
Source: Ivor Callely TD, Minister of State for Services for Older People (2004)
