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To: michael97123 who wrote (31601)2/26/2004 8:22:17 AM
From: John Carragher  Read Replies (2) | Respond to of 793656
 
ireland has a 22% and 44% income tax rate and another 6% to 8% for social program.. unemployment etc.

old.emigrant.ie

Looks like if you begin to make any decent wages you are in a 44% tax bracket and pay vat ..

ps there are a joke going around when they were changing over to the euro. all the money under the mattress was coming out and folks where buying new furniture , cars, machines etc. They hide the income and use barter as best possible to avoid taxes. gg



To: michael97123 who wrote (31601)2/26/2004 8:36:40 AM
From: KyrosL  Read Replies (1) | Respond to of 793656
 
No Mike, they have higher income taxes than us, AS WELL AS, high sales (or VAT) taxes -- as well as high SS taxes. However, in Europe dividend and capital gains taxes are lower than the US or non-existent.


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