People? Yes, ordinary people, perhaps. Maybe ones who haven't thought too deeply about it. Or even thought about it at all. Or stupid people. Or people who can't do sums. Thing is, this kind of people don't generally get to be cabinet ministers making grown up decisions. O Broin presents himself as a minister-in-waiting in the Shinner government-in-waiting. They seem to think he's one of their brightest and best. He's even written books!! He should be judged by higher standards than mere "people" might be. On this evidence, he's intellectually unfit to be a minister.He has made a mistake which people often make.
It's not that hard to understand really, is it? And it's certainly 101 level stuff for aspiring cabinet ministers.The seem to think that a tax allowance is a tax credit.
How a tax allowance works [Which is how interest works]
Revenue : €10,000
Interest allowance: €4,000
Taxable: €6,000
Tax: €3,000
How a tax credit works [Which is the mistake O'Broin made]
Revenue €10,000
Taxable: €10,000
Tax: €5,000
Interest paid as a tax credit: €4,000
Net tax: €1,000
So if the interest rises to €4,500, the net tax falls to €500
And it wasn’t a slip of the tongue, he repeated the mistake
he condescendingly told Sarah McInerney that she was factually incorrect.
Nice piece of mansplaining, Eoin! Does Mary Lou know about this?And he condescendingly told Sarah McInerney that she was factually incorrect.
Out of interest - has any presenter on this show followed up and clarified that the assertion was incorrect? Perhaps our newspapers should follow the Washington Post example and do real time fact checking on our politicians.The problem with these type of gaffes on prime time broadcasts is people will believe them and thus the narrative landlords continue to make massive profits or landlords can avail of massive tax breaks etc
has any presenter on this show followed up and clarified that the assertion was incorrect?
I am not.I was astonished by this.
Brendan
I am not.
The party are in a parallell universe to reality, not only do they not know, technically how things work, they don’t have a coherent and strategic plan.
But, as a large chunk of under 40’s, only read the 1st 2 lines of a news story, and actually believe SF when they say they the housing crisis can be solved with a magic wand, this rental tax grave error and many others like it, won’t make a dam of a difference, and they will be, by far the largest part after the next election, i still can’t get my head around this.
I suppose the only consolation is that if they do get into government, their erstwhile supporters fury will know no bounds as it slowly dawns on them that, no, after all, they're not all going to get their a-rated houses handed to them on a plate within a matter of months. Imagine the look on O Broin's face as the opposition get stuck into him when the homeless figures continue to rise (they will, you know) and he realizes with a sinking feeling that house completion numbers can't just be willed upwards by sheer force of his rhetoric.I am not.
The party are in a parallell universe to reality, not only do they not know, technically how things work, they don’t have a coherent and strategic plan.
But, as a large chunk of under 40’s, only read the 1st 2 lines of a news story, and actually believe SF when they say they the housing crisis can be solved with a magic wand, this rental tax grave error and many others like it, won’t make a dam of a difference, and they will be, by far the largest part after the next election, i still can’t get my head around this.
This point where we’ve full employment and the economy is the envy of Europe?I think that's harsh on under 40s - plenty of people much older than that who voted for Haughey, Healy Raes, Varadkar and other assorted misfits. There are very few voters of any age delving into party manifestos or policy documents.
If you were a young person hoping to buy a home in Ireland why would you support either of the 2 parties who have got us to this point? I have never voted SF and don't plan to but I can absolutely understand why people desperate for change would give them a chance.
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