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Thread: Spring Statement - Pre-Election Tax Cuts and Promise of More Regressive Budgets.

  1. #16
    Join Date
    Feb 2010
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    Rockall
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    Default Re: Spring Statement - Pre-Election Tax Cuts and Promise of More Regressive Budgets.

    Quote Originally Posted by DCon View Post
    EU in fact looking for a tougher budget in Ireland.

    Overall, progress towards rebalancing the Irish economy has continued, also reflected in the strong rebound of economic growth. Nonetheless, the legacies of the crisis demand further continued and determined policy efforts, in particular in the areas of fiscal adjustment, financial sector repair and restructuring.
    Translation: more taxation and spending cuts, more house reposessions and more privatisations.

    http://ec.europa.eu/economy_finance/...ireland_en.htm
    “ We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act. ”
    — Jean-Paul Sartre

  2. #17
    Join Date
    Mar 2010
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    heart of Europe
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    24,486

    Default Re: Spring Statement - Pre-Election Tax Cuts and Promise of More Regressive Budgets.

    A battle to lower tax


    Jobs Minister Richard Bruton wants a 30pc flat-rate tax for skilled foreign workers in an attempt to lure home Irish emigrants who left Ireland during the recession, the Sunday Independent can reveal.

    The radical tax measure - which is likely to infuriate Irish workers - is the central plank in Mr Bruton's pre-budget submission to Finance Minister Michael Noonan.

    Meanwhile, Renua Ireland is proposing a 23pc flat tax rate for all taxpayers, which would see the hated Universal Social Charge (USC), PRSI and most tax reliefs and credits abolished.

    http://m.independent.ie/business/job...-31580155.html
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

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