Budget Day - The Official After Hours Thread - (Ireland's undisputed Voice of Reason)

tayto lover

Fighting Irish wrote: »

if the country lose the super rich, it would be in a worse state

The same spin as rising the Corporate Tax rate by 1%. Would never happen that they would up and leave.

dodohert

Does this mean the XBOX One will cost more now..

AdamD

tayto lover wrote: »

The same spin as rising the Corporate Tax rate by 1%. Would never happen that they would up and leave.

Why should they pay even more to fund social welfare? The 'super rich' are already paying a lot more tax than your average taxpayer.

P_1

SueBoom wrote: »

Yeah, I'd say that probably does happen in some cases but my god are funerals expensive, it really is a terrible blow. Especially to those who have to cope with a very sudden death.

They really are. It costs a four figure sum to die in Dublin nowadays.

Bobeagleburger

Corporation tax should definately be raised, albiet by only a few %

Chazz Michael Michaels

Another slam dunk from Noonan. What a ledge bag.

The One Who Knocks

AdamD wrote: »

Why should they pay even more to fund social welfare? The 'super rich' are already paying a lot more tax than your average taxpayer.

Yeah, and they earned it, why all the hate?

Crann na Beatha

This post has been deleted.

My name is URL

P_1 wrote: »

Yeah I know. I was pointing out the fact to those who were saying that it only gets spent on drinks and the like at the wake

Even the Credit Union pays €1,300 towards funeral expenses for its members.. scummy move from the government to scrap that miniscule, yet for many folks; relied upon allowance.

Of course those most in need of it have virtually no voice. Elderly couples with no family to speak of, or on their behalves. I'm sure that allowance gave many people at least a small piece of mind in the final years of their lives. I mean whatever about the money itself, at least it provided some degree of comfort and alleviated some of the worry for the bereaved party.

Kippure

The government must understand that there will be a reaction to the actions they take upon us.

Pile enough pressure on someone and they snap.

tayto lover

AdamD wrote: »

Why should they pay even more to fund social welfare? The 'super rich' are already paying a lot more tax than your average taxpayer.

Because they can afford it. Simple.

AdamD

tayto lover wrote: »

Because they can afford it. Simple.

So why bother training and educating yourself to get a high paying job if you're going to get taxed just because you can afford it? That's ridiculous. At what point do you stop taxing them? Until they can't afford it?

They're already being taxed a far far greater amount than your average taxpayer and avail of less services too. Taxing high earners into the ground is an awful solution

heyjude

He didn't cut their pensions, but the Minister sure gave the elderly a good pounding, with the abolition of the Bereavement Grant, discontinuation of the Telephone allowance and a 66% increase in prescription fees for medical card holders from €1.50 to €2.50 per item(meaning the sickest may struggle to pay for their prescriptions).

I think the latter measure may spell the end of the chances of this government being returned to office after the next election

tayto lover

AdamD wrote: »

So why bother training and educating yourself to get a high paying job if you're going to get taxed just because you can afford it? That's ridiculous. At what point do you stop taxing them? Until they can't afford it?

They're already being taxed a far far greater amount than your average taxpayer and avail of less services too. Taxing high earners into the ground is an awful solution

Well they had no problem hitting the middle income families yet again who also had to educate themselves.
When do they stop taxing them?

Temptamperu

Fighting Irish wrote: »

if the country lose the super rich, it would be in a worse state

The government needs to service all classes not just their own.

irish bloke

It's being a very boring budget in fairness.
Normally it's filled with more cuts and misery than this.

Disappointed really, think there all getting a bit soft.

Ace2007

tayto lover wrote: »

The same spin as rising the Corporate Tax rate by 1%. Would never happen that they would up and leave.

You would be very surprised, sure look at the IFSC it's a ghost town to what it was 5/7 years ago, a lot of the jobs that were done down there have been out sources to Asia, and just because it doesn't hit the news doesn't mean some big name companies down there are not letting people go.

wolfpawnat

AdamD wrote: »

So why bother training and educating yourself to get a high paying job if you're going to get taxed just because you can afford it? That's ridiculous. At what point do you stop taxing them? Until they can't afford it?

They're already being taxed a far far greater amount than your average taxpayer and avail of less services too. Taxing high earners into the ground is an awful solution

Why bother working as a nurse and dealing with strung out idiots in the Mater if all you get is taxed to the hilt?

What about the Tesco worker doing the work so many see themselves as too good for even though it would pay better to do nothing with themselves.

How about the rubbish man cleaning your rubbish every other day so you can have a clean home for their pittance, they all should take the cuts when consultants and bank managers get away with the basic taxes? Are you insane, how is that fair?

Ace2007

Also what is happening with the Over 70's and the Medical Card?

Sierra Oscar

irish bloke wrote: »

It's being a very boring budget in fairness.
Normally it's filled with more cuts and misery than this.

Disappointed really, think there all getting a bit soft.

We don't know the half of it yet, we are still waiting for some departments to even give us a breakdown of their savings.

AdamD

wolfpawnat wrote: »

Why bother working as a nurse and dealing with strung out idiots in the Mater if all you get is taxed to the hilt?

What about the Tesco worker doing the work so many see themselves as too good for even though it would pay better to do nothing with themselves.

How about the rubbish man cleaning your rubbish every other day so you can have a clean home for their pittance, they all should take the cuts when consultants and bank managers get away with the basic taxes? Are you insane, how is that fair?

You seem to be suggesting that when taxes are raised it doesn't effect high earners income..it does. For example USC being introduced lowers everybody's net income by a %, in doing so that means high earners face a bigger 'cut' than anybody else.

Lapin

Jaysus Christ Noonan.

Would ya put your hands up to your mouth when you cough ffs. :mad:

(Press conference on RTÉ 1 now.)

Karl Stein

AdamD wrote: »

They're already being taxed a far far greater amount than your average taxpayer

Wrong. See here for all in tax rates (this, of course, completely ignores overall wealth and mysteriously stops at 40%).

and avail of less services too.

Wrong. Motorways, police, courts, airports, prisons, defence the more you have the more these services benefit you.

KERSPLAT!

I'm struggling to understand how we're going to meet the target of 2.5bn/3.1bn whichever it is. Obviously there were some cuts, some hit a little worse than others, but compared to other years it doesn't seem so bad, the problem being, where are they going to get it from? Is there more to come?

AdamD

Charlie Rock wrote: »

Wrong.




Wrong.

Thanks for your amazing input.

Maudi

Lets drop the budget day .and call it what it really is"" bondholder lotto day.""

tayto lover

Ace2007 wrote: »

Also what is happening with the Over 70's and the Medical Card?

35,000 pensioners, some with serious illnesses, will lose their medical cards. Just like many special needs children did previously.

AgileMyth

Kippure wrote: »

The government must understand that there will be a reaction to the actions they take upon us.

Pile enough pressure on someone and they snap.

We as a nation are a long way from this point.

A revolution is not fought on full stomachs.

P_1

Princess Petulia Pissy Pants wrote: »

I'm struggling to understand how we're going to meet the target of 2.5bn/3.1bn whichever it is. Obviously there were some cuts, some hit a little worse than others, but compared to other years it doesn't seem so bad, the problem being, where are they going to get it from? Is there more to come?

From what I can tell they seem to be putting a lot of weight on the economy picking up. Bit of a punt to be honest so let's hope that the economic Mystic Meg's got their sums right.

Maudi

Lets drop the budget day .and call it what it really is"" bondholder lotto day.""