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Four-year plan document

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Comments

  • #52
    Buford T Justice
    Registered Users, Registered Users 2 Posts: 6,261 ✭✭✭Buford T Justice


    Flex wrote: »
    Great reaction to the 4 year plans announcement so far, interest rates over 9.2%...

    Glad to see corporation tax remained untouched, but I dont think the VAT changes will do good.

    Reducing new PS entrants pay by 10% was what I was expecting; a two tier system of pay for post-Celtic Tiger. Also allows for sooner savings if more people on the Celtic Tiger rates of pay are incentivised to leave and be replaced with people on new post-Celtic Tiger rates of pay.

    I have very little confidence in the plan though, unfortunately...



    The PS premium was 8% in 2003, became 23% in 2006 and 26% in 2009 (ESRI report). It outstripped its counterparts by a significant amount.

    Have you a link to the live market interest rates?


  • #53
    ArtSmart
    Registered Users Posts: 5,614 ✭✭✭ArtSmart


    Posting this link which was in other threads
    article by Mark Weisbrot: Debatable stuff, but some interesting bits

    http://mrzine.monthlyreview.org/2010/weisbrot191110.html


  • #54
    Padraig Mor
    Registered Users, Registered Users 2 Posts: 9,595 ✭✭✭Padraig Mor


    Fingers McGee wrote: »
    Unions need to stand up and take the pain with the rest of us.

    Union sub tax relief abolished next year so I doubt they'll be impressed....


  • #55
    Padraig Mor
    Registered Users, Registered Users 2 Posts: 9,595 ✭✭✭Padraig Mor


    The two biggies I see from this:
    1. Pension relief down to 20% by 2014 (bad move IMHO but hey...)
    2. Patent tax relief gone - may be of major interest to many int'l companies here.

    donegalfella wrote: »
    This post has been deleted.

    The flat tax is only an interim measure (from 2012) until they introduce the final tax in 2013 after valuations have been completed - average round €200.


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