Economics

Dan O’Brien: Paying tax might be as inevitable as death but paying more tax is not

Even as the number of people in receipt of public pensions rises, the implications and impact of those extra costs can be addressed in a variety of ways. Look at Iceland and Australia, for example

Paschal Donohoe, Minister for Finance giving details on Budget 2023 last week. Picture: Arthur Carron

“Taxes will have to rise.” This is said often by grave-sounding folk. Some people say it in every situation. But it is wrong.

While paying tax may be as inevitable as death, paying more tax is not. How much the state takes from citizens and how much it spends are the central political questions in most developed countries. If citizens collectively choose to keep more of their own money and provide for themselves, taxes can ...