Policy must realise that PRSI is a tax

Policy must realise that PRSI is a tax

It is time to stop pretending that PRSI is not just another form of tax on incomes, because that is what it is.

It is time to stop pretending that PRSI is not just another form of tax on incomes, because that is what it is. It is perfectly legitimate to hold some of what people pay to the government out of their incomes as a kind of insurance policy to pay for future pensions and other benefits which they may or may not need.

However, over the years, the link between PRSI payments and these benefits has...

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