gnf_ireland
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Id be interested in hearing when you think tax cuts should be introduced. During boom times? During recessionary times? During recovery times?
All I ever hear is that we cant afford it....ever!
I accept that USC is a merger of various other levies such as the Health Contribution and Income Levy, but my point is more that its easier apply a new tax to offset any tax decreases rather than reduce social welfare increases previous given.Just for the record Go back and have a look at Total payroll take For a Person Paying PRSI A1 through payroll you will see they always paid a type of USC over and above any other group
Total (capital and current) increases in voted public expenditure relative to Budget 2018 are €5.6bn.
It signifies a return to political promiscuity - on an industrial scale. Vested interest groups procured spending concessions relative to minimalist €291m income tax amendments.
A ratio not of 2:1 but an incredible 19:1. That's not even counting consumers coughing up an extra €466m at restaurants and hairdressers.
The budget was about politics, not economics. Economic decision making based on political factors rarely turns out well.
FG seem to be burning their 'fiscal space' on people who'll never vote for them.
That is a very interesting point. But what about the pensioners who got €5 extra? Are they not FG voters?
I don't think the crumbs they sent in that direction would convince anyone to vote for them. And they didn't impress anyone who cares about keeping spending under control.
All true of course. But which party would you vote for in the hope that they would act responsibly?
That’s a key point. The options are a fiscally irresponsible FG or an even more fiscally irresponsible FF. Labour are a dead duck, which is a pity, as the Left moves firmly into the “loony” category with the Sninners and Solidarity/ Anti Reality Alliance now occupying the “crazies” space previously ignored by the majority of voters.All true of course. But which party would you vote for in the hope that they would act responsibly?
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