- Friends of the Irish Environment, 28.04.2003"The land Coillte Teo is now selling for development was given to them by the State in 1988 to ensure that our woodlands were run commercially, not to enable them to sell the family silver to service bank loans".
Wallace claims justification for refusing to pay the VAT just as the ULA claims justification for refusing to pay the HC. The cases are morally identical yet Higgins wants to have it both ways by attacking Wallace while encouraging people to emulate him.
There is a galaxy of a difference between a property developer who overstretched himslef while raking in massive profits who took VAt from working class people and then, in effect, put it in his own pocket instead of passing it on to revenue - and half the households in the country refusing to pay an unjust tax that will rise dramatically and potentially impoverish large swathes of society (while the same government refuse to tax the rich and change company law so the likes of Wallace can't hide his assets).
His company was wiped out by the crash. That was always going to involve people not being paid. The SP must have been aware of that.
He said he had told Higgins about this months ago. Surely at this stage it is months since this became public ?
(1) That Wallace's companies were raking in massive profits.
(2) That the VAT was paid by working class people.
(3) That half the households in the country are refusing to pay the HC.
That aside, tax dodging is tax dodging plain and simple. The ULA and the individual elements that make it up don't have the moral authority to criticise Wallace for something they justify in other cases.
Mick is trying to blame the Banks for his Vat woes, he is making out he put the Vat into the bank and they kept it.
The Bank does not know what funds are Vat or otherwise, their only clue is when he writes out a cheque to the Rev and they then decide whether to pay it or not on the basis of their arrangements with Mick, which quite obviously were not healthy.
It is begining to look like Mick was stripping out funds to buy assets which were not agreed with his Bank.
ACC should get on with it and do us all a favour by bankrupting him and have him kicked out of the Dail.
It's almost as if the local authority worker who took in your car tax decided to use it to pay his mortgage and repay it whenever the fancy took him. Of course if he did and it was discovered he wouldn't have the option of a slap on the wrist and a mention in Swindlers List - It would be treated as theft and dealt with accordingly.