Looks like the Government are going to hold a new emergency budget by the end of the month. That can only mean one thing, Taxes, taxes and more taxes.
maybe they could sweeten the deal by having live executions of beverly flynn, bertie and cock roche
This is a load of ballsackery.
they should have raised them in the last budget the spineless cunts & they should not have lowered them over the previous years
And down the pipes we goâŚ
Did anyone see DOB rippin into Sean Quinn on the front page of the times on sunday? Quinn is all to blame apparently. He says Sean Fitzpatrick is a sound man though, which made me feel better. Any chance we could just shoot the lot of these fuckers, just to raise the national spirit a bit?
At least they have invited the opposition parties to bring their ideas to the floor as well. As a country we really need the parties to work together for the next month and make sure that they get it right with this budget. Arresting the decline in the public finances has to be the first step on the road to recovery.
thats just an arse covering job from the government, did you see Paddy Rabbit on Prime Time last night, twice asked what he would do and twice responded by sticking the boot into FF and the fucking PDs for creating the mess, these fools have no ideas.
Interesting to hear the former Dept of Finance director (cant recall his name) say that if anything over one third of what we need over the next 5 years is taken through taxation then we will go above the euro average which will thwart growth and competitiveness.
So basically 2 thirds of what we need must come from cuts.
Essentially the Public Sector wage bill needs to be cut.
Who will break this news to the unions and the poor Guards?
You gotta add Mary âIâm Irelandâs Sarah Palinâ Coughlan to that list. It was only last week she was saying the public finances were in âgood orderâ
I wonder what they will do about the 1% levy.
They brought that in becuase they specifically said they donât want to raise income tax (although charging me 1% on my income feels is an income tax).
If they put up the taxes then forget about anyone buying anything.
No-one will buy a house becuase they will be worried that these tax hikes are the start.
No-one will buy cars or other more expencive retail goods. If there is a budget last October which gave us the 1% levy, then a public sector pension levy, now it looks like more taxes and another budget by the end of the year (maybe sooner).
Everyone is going to sit tight.
Meanwhile BOI are at 18 cent this morning.
The government have had to backtrack on every promise they made since October.
They have no idea what they are doing. They read figures and try to plug the gap.
Lenihin banging on about the â3 year planâ. Only a wak ago they were all sorted and now they are down 2billion. There is no plan. They are hopelessly lost and they will drag this country back to the dark ages.
Their only blessing is that the rest of the world is little better off.
As soon as other countries get their act together there will be mass migration.
Yours in rage,
GSH.
Thatâs about the long and short of it Garda.
Think they really need to squeeze the top earners on this budget.
The easiest way to get tax revenue is to move the 20% band but that will make for a less equitable society which will piss off the unions (rightly so) but will also have a concurrent effect on consumer spending which will hurt everything else.
Hit the high earners (weâve already created a 100k bracket for levy purposes) and youâll get some revenue but you wonât get a huge fall off in consumer spending because these people can generally afford to spend regardless of their tax.
Agreed completely on the lack of a plan though. Theyâve nothing.
Public finances, right accross the board, from depts, semi states, fully funded agencies, even local; are in a jock.
They work off two sides (of a P & L): Pay and Non-Pay. Fuck the Balance Sheet basically.
the total pay bill needs to be cut by 40%.
This means an Over time Policy (eg: no lates or sick leave taken in pay period to qualify)
An On Call Policy
And Performance Reviews.
Public Workers OF ALL GRADES need to own up to the delivery of a service, they cannont hide behind their Union for their behaviour.
And there needs to be redundancies.
The plan is to introduce a new and higher rate of tax for the Uber Earners. But these Uber earners would have been the first to say income tax rates should never have been cut in the first place, now these uber earners, of which 99% work in the Private Sector are expected to top up the public service pay bill. These Uber Earners will pay up, but some will relocate very easily to ⌠lets just say London - buy, pay shag all stamp duty and get Child Care Relief.
There is also a growing awareness amongst these professional classes that working to 70 is very likely. With the cap on pension contribution (150k) its not right when Joe Public Service can retire at 60 with a benchmarked 95K annual pension ('04 data from Revenue Commissioner who retired in '96)
I, still, maintain that the effective rate (incomes >250K) should be raised to 35%. But expecting a sloppy useless and uncontrollable Public Pay bill to be paid by Private Sector workers whose own pension planning is capped is a kick up the hole reaction not a solution.
Our Exchequer got very lazy in the last 10 years. Billions poured into it from Solicitors via stamp duty. Now they have to think, plan, strategise and be creative.
Increase Income tax. Yes.
But Fuck out a third of their colleagues first.
And put manners on the rest of them, next.
[quote=âMairegangaireâ]Public finances, right accross the board, from depts, semi states, fully funded agencies, even local; are in a jock.
They work off two sides (of a P & L): Pay and Non-Pay. Fuck the Balance Sheet basically.
the total pay bill needs to be cut by 40%.
This means an Over time Policy (eg: no lates or sick leave taken in pay period to qualify)
An On Call Policy
And Performance Reviews.
Public Workers OF ALL GRADES need to own up to the delivery of a service, they cannont hide behind their Union for their behaviour.
And there needs to be redundancies.
The plan is to introduce a new and higher rate of tax for the Uber Earners. But these Uber earners would have been the first to say income tax rates should never have been cut in the first place, now these uber earners, of which 99% work in the Private Sector are expected to top up the public service pay bill. These Uber Earners will pay up, but some will relocate very easily to ⌠lets just say London - buy, pay shag all stamp duty and get Child Care Relief.
There is also a growing awareness amongst these professional classes that working to 70 is very likely. With the cap on pension contribution (150k) its not right when Joe Public Service can retire at 60 with a benchmarked 95K annual pension ('04 data from Revenue Commissioner who retired in '96)
I, still, maintain that the effective rate (incomes >250K) should be raised to 35%. But expecting a sloppy useless and uncontrollable Public Pay bill to be paid by Private Sector workers whose own pension planning is capped a reaction not a solution.
Our Exchequer got very lazy in the last 10 years. Billions poured into it from Solicitors via stamp duty. Now they have to think, plan, strategise and be creative.
Increase Income tax. Yes.
But Fuck out a third of their colleagues first.
And put manners on the rest of them, next.[/quote]
These Uber Earners are more likely to be older and therefore significantly less likely to fuck off to England in spite of child care relief etc. Youâre always far more likely to have emigration from younger people, i.e. those who are far more likely to be paying tax at lower rates.
Uber Earners arenât topping up the public service pay bill. Itâs just a touch disingenous to suggest that âUber Earnersâ didnât want tax cuts in the first place so thatâs not their fault but that pension standards in place in the public service are entirely the fault of people working there.
Your solution to cut costs does nothing at all to address the fact that if you reduce public service pay at lower levels by a third then basically the whole economy grinds to a halt. Who the fuck is left to spend money if you just blindly decide that someone in the public service should pay the bulk of the price for decisions made by government in the past 20 years.
Some guy on Prime time last night said we could fine 3 billion byjust scrapping the pension relief for the private sector.
I nearly fell off my chair.
I would not consider myself an expert in economics, more of an internet legend, but scrapping that pension relief is the most short sighted comment I had heard in a long time.
He might as well have said âLets get 3 billion by taxing everyone living in Dublin at 80% and call it âCapital Taxâ (oh thats already there)â.
IF they cut the pension relief then whats the point in paying money into your own pension? You woudl be better off putting into a bank yourself or jsut not bothering with a pension and then going cap in hand to the government in a few decades time.
Worst. Idea. Ever.
We will end up having to nationalise the BOI and AIB.
The arrears in exchequer income will be so drastic that in time weâll have to call on the IMF.
The IMF will come in and start out by saying âNo probelm, we can help. 30% wage cuts across all public sector, 20% in private sector and 50% tax on anyone over 80k. Come back to me in 6 months and let me know whats happeningâ.
Yours etc,
GSH.
[quote=âHBV*â]thats just an arse covering job from the government, did you see Paddy Rabbit on Prime Time last night, twice asked what he would do and twice responded by sticking the boot into FF and the fucking PDs for creating the mess, these fools have no ideas.
Interesting to hear the former Dept of Finance director (cant recall his name) say that if anything over one third of what we need over the next 5 years is taken through taxation then we will go above the euro average which will thwart growth and competitiveness.
So basically 2 thirds of what we need must come from cuts.
Essentially the Public Sector wage bill needs to be cut.
Who will break this news to the unions and the poor Guards?[/quote]
not sure if anything he saysd is credible considering the mess that went on during his watch
[quote=âMairegangaireâ]Public finances, right accross the board, from depts, semi states, fully funded agencies, even local; are in a jock.
They work off two sides (of a P & L): Pay and Non-Pay. Fuck the Balance Sheet basically.
the total pay bill needs to be cut by 40%.
This means an Over time Policy (eg: no lates or sick leave taken in pay period to qualify)
An On Call Policy
And Performance Reviews.
Public Workers OF ALL GRADES need to own up to the delivery of a service, they cannont hide behind their Union for their behaviour.
And there needs to be redundancies.
The plan is to introduce a new and higher rate of tax for the Uber Earners. But these Uber earners would have been the first to say income tax rates should never have been cut in the first place, now these uber earners, of which 99% work in the Private Sector are expected to top up the public service pay bill. These Uber Earners will pay up, but some will relocate very easily to ⌠lets just say London - buy, pay shag all stamp duty and get Child Care Relief.
There is also a growing awareness amongst these professional classes that working to 70 is very likely. With the cap on pension contribution (150k) its not right when Joe Public Service can retire at 60 with a benchmarked 95K annual pension ('04 data from Revenue Commissioner who retired in '96)
I, still, maintain that the effective rate (incomes >250K) should be raised to 35%. But expecting a sloppy useless and uncontrollable Public Pay bill to be paid by Private Sector workers whose own pension planning is capped is a kick up the hole reaction not a solution.
Our Exchequer got very lazy in the last 10 years. Billions poured into it from Solicitors via stamp duty. Now they have to think, plan, strategise and be creative.
Increase Income tax. Yes.
But Fuck out a third of their colleagues first.
And put manners on the rest of them, next.[/quote]
so stick a load of people on the dole to save money?
[quote=âtherock67â]These Uber Earners are more likely to be older and therefore significantly less likely to fuck off to England in spite of child care relief etc. Youâre always far more likely to have emigration from younger people, i.e. those who are far more likely to be paying tax at lower rates.
Uber Earners arenât topping up the public service pay bill. Itâs just a touch disingenous to suggest that âUber Earnersâ didnât want tax cuts in the first place so thatâs not their fault but that pension standards in place in the public service are entirely the fault of people working there.
Your solution to cut costs does nothing at all to address the fact that if you reduce public service pay at lower levels by a third then basically the whole economy grinds to a halt. Who the fuck is left to spend money if you just blindly decide that someone in the public service should pay the bulk of the price for decisions made by government in the past 20 years.[/quote]
the public service in Ireland, in the last 10 years, has turned into a monster that is as unmanageable as it is unaffordable. There are people in senior positions that wouldnât get one of those jobs in the McDonalds in Ennis.
e.g.
Someone âacting upâ to a grade Viii (from a V) for 3 years (due to leave) is now permanently a grade VIII, with no actual post. And is one of many.
Demanding new and more taxes is a easy solution, and its fast. But change is actually what is needed.
Regarding relocation; you are wrong. And anyone you talk to out in DAP at 6 am will tell you that.
news just in crampy
66% of the 2 billion needed has to come from cuts.
retrain.
Part timers out!
[quote=âMairegangaireâ]news just in crampy
66% of the 2 billion needed has to come from cuts.
retrain.[/quote]
raise taxes to the levels they were at 5 years ago
pay cuts maybe, reduced hours maybe, slashing the capital budget perhaps
mass unemployment doesnt make economic sense you skany old grotbag
Loved the idea of putting a 1cent tax on texting. Youâd raise 1.4 billion from that a year. Painless as they said. Go Greens!! Put a 2 cent tax on it while youâre at it. (Iâm not being sarcastic here, think itâs a great idea!)