General Election

sdanseo

Fianna Fáil are doing nothing terribly wrong on paper re the economy (although NO public money should have to be used to prop up the economy but every party in the world would think otherwise short of uber-right wing) - they make ridiculously stupid decisions on a smaller scale but that happens with every government. I don't think any party would be particuarly popular in government right now - look at the UK, the Lib Dems get into government for the first time in decades and withing 6 months their popularity is down by 70%.

What we need are fresh faces - the current government, while making the nessecary decisions in a lot of cases, are stagnant in power, and horrifically unpopular whether justified or not which only generates huge amounts of bad feeling around the state. Much like substitutions liven up a football or hurling game, we need a change of staff.

flynnlives

seven-iron wrote: »

A better way of asking that question is; which party has sat on the fence? Not Fianna Fail anyway is the answer.

No its not! lab are against the abolition of free fees!

Now answer the questions!

WHICH PARTY RECENTLY TRIED ABOLISHING FREE FEES?

WHICH PARTY DUE TO THE INCOMPETENCE AND MISMANAGEMENT OF THE ECONOMY HAS LEAD US TO A SITUATION WHERE OUR CT IS NOW UNDER THREAT?

seven-iron

Now answer the questions!

I'm not sure what kind of information you are looking for. If your gut instinct is to go with Fianna Fail don't let other people here put you off. These people think they are voting for certain parties with logic.

Fianna Fail are good for business in Ireland.

They look after people who will invest, for instance low capital tax rates and focus on FDI.

That is right objective to have. Wealthy individuals will get this country back to growth with investment. Investment will create jobs. Surely you agree with this?

Ulysses Gaze

flynnlives wrote: »

No its not! lab are against the abolition of free fees!

Now answer the questions!

WHICH PARTY RECENTLY TRIED ABOLISHING FREE FEES?

WHICH PARTY DUE TO THE INCOMPETENCE AND MISMANAGEMENT OF THE ECONOMY HAS LEAD US TO A SITUATION WHERE OUR CT IS NOW UNDER THREAT?

Ah it was Lehmans, Fannie Mae, Bush, Obama, the EU, Santa Claus.......

flynnlives

seven-iron wrote: »

They look after people who will invest, for instance low capital tax rates and focus on FDI.

WHAT IS "CAPITAL TAX RATES"?!
DO YOU MEAN CORPORATION TAX!

you still havent answered my two simple questions!

SEVEN-IRON

WHICH PARTY RECENTLY TRIED ABOLISHING FREE FEES?

WHICH PARTY DUE TO THE INCOMPETENCE AND MISMANAGEMENT OF THE ECONOMY HAS LEAD US TO A SITUATION WHERE OUR CT IS NOW UNDER THREAT?

Ulysses Gaze

seven-iron wrote: »

I'm not sure what kind of information you are looking for. If your gut instinct is to go with Fianna Fail don't let other people here put you off. These people think they are voting for certain parties with logic.

Fianna Fail are good for business in Ireland.

They look after people who will invest, for instance low capital tax rates and focus on FDI.

That is right objective to have. Wealthy individuals will get this country back to growth with investment. Investment will create jobs. Surely you agree with this?

But we're too expensive a country to do business in to rely on FDI solely and it won't create enough jobs. We need indigenous industry here like we had in the early-mid 90's. By indigenous industry I mean everything BUT property by the way. re.

Why don't FF do this:

1. Activate a stimulus package for Irish SME's - €5 to €10 billion

2. Completely re-write bankruptcy laws. 12 years as a bankrupt is far too onerous and even my work colleagues here in London believe that this 12 years stifles entrepreneurship. 1-2 years like in the UK or US will get Irish people investing in their own businesses.

Wibbs

seven-iron wrote: »

Look, the poll is about who you would vote for in the next general election. I'm voting Fianna Fail. Why? They are the only party to have proposed a strategy for Ireland's economy.

An utterly stupid one. 1) no one and I mean no one has ever clawed their way out of a recession by taxation. We certainly won't. 2) propping up anglo is and was daft and will continue to screw us over for at least one generation, probably two. The figure Lenno gave last week will continue to climb. No? well it was 4 billion at the start, then a few billion was thrown on on top as the months passed and now we're up to 36 billion? 50 billion is no stretch. If these morons didnt spot it coming when it was as plain as day. When the EU and local agencies gave the banks stress tests and everything came back hunky dory then someone was lying. Dunno who but keep an eye out in the coming year for noses growing longer and longer.

Anglo? Let it fail. The investors took a risk and risks being what they are and like the small print says, the value of your investment may go up or down. So remove our tax burden, by simply removing it. Your local bookie is laughing at the notion of NAMA. "Oh your horse fell over and lay down and read a magazine at the final furlong. Ah sure these things happen. Here's half your bet back. Dont worry about the cost, that non gambler on the street will pay it". Fúck that! Look at Iceland. They pretty much defaulted on the lot. Lock stock and barrel. Oh noes! I predict now and you can quote me in the future, that in say 6 months, they're going to look healthier than we will.

seven-iron

flynnlives wrote: »

WHAT IS CAPITAL TAX RATES?!
DO YOU MEAN CORPORATION TAX!

you still havent answered my two simple questions!

SEVEN-IRON

WHICH PARTY RECENTLY TRIED ABOLISHING FREE FEES?

WHICH PARTY DUE TO THE INCOMPETENCE AND MISMANAGEMENT OF THE ECONOMY HAS LEAD US TO A SITUATION WHERE OUR CT IS NOW UNDER THREAT?

To answer your question capital taxes are Capital Gains Tax, Stamp Duty and Capital Acquisitions Tax.

WHICH PARTY DUE TO THE INCOMPETENCE AND MISMANAGEMENT OF THE ECONOMY HAS LEAD US TO A SITUATION WHERE OUR CT IS NOW UNDER THREAT?

Our CT rate is not 'under threat'.




"The Department of Finance said the 12.5% corporation tax rate will remain a cornerstone of Ireland's industrial policy."

http://www.rte.ie/news/2010/1002/tax.html

Wibbs

seven-iron wrote: »

They look after people who will invest, for instance low capital tax rates and focus on FDI.

That is right objective to have. Wealthy individuals will get this country back to growth with investment. Investment will create jobs. Surely you agree with this?

All great in theory, but think as an investor. Would you put your money in a country that is going to have its citizens crippled by debt for the foreseeable? Eh no you wouldnt. You would be thinking of the long haul.

OK put it more local and down to earth. You want to invest in a company. You have two choices where to put your money. Company A. Had a good idea and workforce, but massively overspent, was inefficient, ran up big debts and was effectively bust. But the workers formed a co op to save it. They did so by putting their own money in, but didnt get rid of the slack depts. They're trading but only just. OR Company B Had a good idea and workforce, but massively overspent, was inefficient, ran up big debts and was effectively bust. The directors took the step of declaring bankruptcy and their debt was cancelled. They then started up with the same good idea and workfirce, but stripped the company of the slack and had a much more managable working debt. Which would you chose to put your money in?

seven-iron

All great in theory, but think as an investor.

No need to.

Vincent Browne (a socialist, like many people on boards as it seems) writes in todays SBP... "the option whereby a new government would recognise that we are still a rich country and that we can resolve our difficulties by getting the richer element of the population to take all or most the pain is, regrettably, not a plausible option".

Now that is exactly what I have been saying on here. I refer to my original comment.

Fianna Fail.

Their good for business in Ireland.

They look after people with wealth, for instance low capital tax rates and high inheritance thresholds.

Ultimately, that is right objective to have. Wealthy families and individuals will get this country back to growth with renewed investment. How will they invest... by having surplus funds derived from favorable governmental policies.

Would you put your money in a country that is going to have its citizens crippled by debt for the foreseeable?

Thats a loaded question in fairness. How is the answer to that ever going to be anything but a no. The question is, in Ireland, will there be money to be made in the next ten years. The answer is a resounding yes. You know it, I know it.


On a budgetary note, the tax base will be broadened. So many people on lower pay scales will find themselves paying more tax. Furthermore, expect to see social welfare payments/credits as a whole decrease in the next four years. The reason is Ireland is a high income country compared to the rest of Europe.

seven-iron

Ulysses Gaze wrote: »

:

1. Activate a stimulus package for Irish SME's - €5 to €10 billion


2. Completely re-write bankruptcy laws. 12 years as a bankrupt is far too onerous and even my work colleagues here in London believe that this 12 years stifles entrepreneurship. 1-2 years like in the UK or US will get Irish people investing in their own businesses.

I'm not so sure about your first idea? I just think its throwing money down the drain.

However I completely agree with your second point. The American system does seem to work well.

th3 s1aught3r

seven-iron wrote: »

Fianna Fail.

Their good for business in Ireland.

They look after people with wealth, for instance low capital tax rates and high inheritance thresholds.

Ultimately, that is right objective to have. Wealthy families and individuals will get this country back to growth with renewed investment. How will they invest... by having surplus funds derived from favorable governmental policies.

I dont want to live in a country where the rich are always "looked after" because they are rich.
No thanks, we tried that already

Geansai Rua

Is the results of this poll going to be in the newspapers tomorrow?

Because it looks like Eamonn Gilmore will win by this.