what is the marginal rate of tax in ireland
Taxation in the Republic of Ireland In Ireland there is an income tax, a value added tax (VAT), and various other taxes. Employees pay pay-as-you-earn (PAYE) taxes based on their income, less certain allowances. The taxation of earnings is progressive, with little or no income tax paid by low earners and a high rate applied to middle to top earners, the top marginal rate of tax (including USC and PRSI) is 52%. However a large proportion of central government tax revenue is also derived from VAT, excise duties and other taxes on consumption. The standard rate of corporation tax is among the lowest in the world at 12.5%.
Tenant farmer Until about 1900, the majority of Ireland was held by landlords, as much as 97% in 1870, and rented out to tenant farmers who had to pay rent to landlords and taxes to the Church and State. The majority of the people had no access to land. 1.5% of the population owned 33.7% of the nation, and 50% of the country was in the hands of only 750 families. Absenteeism was common and detrimental to the country's progress. Tenants often sub-rented small plots on a yearly basis from local farmers paying for them by labour service by a system, known as conacre, most without any lease or land rights. Irish smallholders were indistinguishable from the cottiers of England.[12][13]