Would you pay €60 to save our economy?

shivkk06

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

I cant figure out how to delete this thread but yes I made a mistake with how 15 bn was actually written I worked off 150m instead so scrap it completely

ei.sdraob

your maths is all wrong


1,859,500 people in employment * 60 = €111,570,000

yes 111 million is a much smaller number than 20,000 million :P

plonk

Its more like 3400 euro for every man woman and child

wyndham

Is that €60 every day for a year?

wyndham

Maths fail

c montgomery

shivkk06 wrote: »

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

Indeed:cool:

Saadyst

If only it was so simple...

Bucklesman

You mean some sort of... tax?

Maybe they could do this, but charge rich people more than the less well off?

I like where this is going actually.

DailyBlaa

shivkk06 wrote: »

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

Brian Lenihan is that you? Thinking like that would get you a job in the Department of Finance. The figure you propose is only out by a factor of about 150.

jmayo

DailyBlaa wrote: »

Brian Lenihan is that you? Thinking like that would get you a job in the Department of Finance. The figure you propose is only out by a factor of about 150.

damm it someone got there before me :mad:

I reckon the Op actaully works in DOF.
They appaar to have the necessary grasp of figures. :rolleyes:

gurramok

I have already paid 60 quid 3 times in the last 2 months. My crime was getting sick :mad:

Permabear

This post has been deleted.

BOHtox

shivkk06 wrote: »

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

Debt per person is €20,305 per person, would you be willing to pay that?

shivkk06

my figures were based roughly on our last census that there is approx 2,907,533 people in the working age of 18-65 take away the 400,000 unemployed this would leave 2,507,533 X60 = 150,451,980

shivkk06

ei.sdraob wrote: »

your maths is all wrong


1,859,500 people in employment * 60 = €111,570,000

yes 111 million is a much smaller number than 20,000 million :P

and if this is the correct employment figure it would mean each employed person could pay 80 once and it would solve the situation

DailyBlaa

shivkk06 wrote: »

and if this is the correct employment figure it would mean each employed person could pay 80 once and it would solve the situation

It is definitely Brian Lenihan, I knew it.

bladespin

shivkk06 wrote: »

my figures were based roughly on our last census that there is approx 2,907,533 people in the working age of 18-65 take away the 400,000 unemployed this would leave 2,507,533 X60 = 150,451,980

Think you'll find that's 150 million, not 15 billion that is needed. :rolleyes:

shivkk06

jmayo wrote: »

damm it someone got there before me :mad:

I reckon the Op actaully works in DOF.
They appaar to have the necessary grasp of figures. :rolleyes:

i dont work for any department, just thought it was a logical less crippling idea

ei.sdraob

BOHtox wrote: »

Debt per person is €20,305 per person, would you be willing to pay that?

Its a bit more than that:

~90 billion - national debt (see ntma site)
~95 billion - bank bailouts (s&p estimate)
~50 billion - needed between now and 2014 if the reduction targets are meant
~?? billion - cost of debt servicing

that's what 230 billion debt by 2014?

that's 114K for each (currently) employed person

johnboy_123

shivkk06 wrote: »

and if this is the correct employment figure it would mean each employed person could pay 80 once and it would solve the situation

The only problem is then next year we still have to borrow another 18billion to pay for the governments spending vs its revenue

DailyBlaa

Just to clear this up once and for all

1 Million = 1,000,000
1 Billion = 1,000,000,000

Nijmegen

Department of Finance officials running up ideas on boards.ie

We figure out why the banking crises is costing us more than €4.5bn and the cuts have doubled overnight.

shivkk06

I cant figure out how to delete this thread but yes I made a mistake with how 15 bn was actually written I worked off 150m instead so scrap it completely

BOHtox

ei.sdraob wrote: »

Its a bit more than that:

~90 billion - national debt (see ntma site)
~95 billion - bank bailouts (s&p estimate)
~50 billion - needed between now and 2014 if the reduction targets are meant
~?? billion - cost of debt servicing

that's what 230 billion debt by 2014?

that's 114K for each (currently) employed person

I said person not per employed person!
My source to that was
http://www.finegael.ie/

neilthefunkeone

shivkk06 wrote: »

I cant figure out how to delete this thread but yes I made a mistake with how 15 bn was actually written I worked off 150m instead so scrap it completely

Oh dear... Lets hope your not in a job that relies heavily on numbers.. or numbers of any sort..

Dacelonid

DailyBlaa wrote: »

Just to clear this up once and for all

1 Million = 1,000,000
1 Billion = 1,000,000,000

Not 100% correct, depends on where in the world you are. Well thats not true anymore either, but 1 Billion used to be 1,000,000,000,000 but because of America it is now taken as 1,000,000,000. Or as yer man on Breakfast Newstalk calls it 1 Thousand Million, which is more correct

ei.sdraob

BOHtox wrote: »

I said person not per employed person!
My source to that was
http://www.finegael.ie/

Ok, yeh you right not employed, pensioners and children will also be paying indirectly for this mess via reduced services.

Its also hard to pin down a right figure since the costs just keep on growing.

Uuuh Patsy

This thread is tragically hilarious..The Lenihan Gag is priceless.. For the first time in 2yrs I miss Dublin.. But I aint stumping up 80 or is it 80000 euro so will wait it out here

nosco

Wow. This is scary stuff

Cookie_Monster

shivkk06 wrote: »

my figures were based roughly on our last census that there is approx 2,907,533 people in the working age of 18-65 take away the 400,000 unemployed this would leave 2,507,533 X60 = 150,451,980

yeah and thats 150 million. do you even know what a billion is?

Permabear

This post has been deleted.

bladespin

This thread did cheer me up a little though

IsThisIt???

shivkk06 wrote: »

I cant figure out how to delete this thread but yes I made a mistake with how 15 bn was actually written I worked off 150m instead so scrap it completely

Oh god no, don't scrap this, it's too much fun. Thread of the day perhaps

AlanFurl

One of the best threads ever....fail after fail. I needed a good laugh today...and success!!

shivkk06

if u read all posts cookie monster you would see i stood corrected on this abd said so about 6 posts back

shivkk06

IsThisIt??? wrote: »

Oh god no, don't scrap this, it's too much fun. Thread of the day perhaps

i cant scrap it much as i would like to i havent a clue how to delete a thread but glad some ppl got a laugh out of it

Raiser

shivkk06 wrote: »

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

I cant figure out how to delete this thread but yes I made a mistake with how 15 bn was actually written I worked off 150m instead so scrap it completely

ei.sdraob wrote: »

your maths is all wrong


1,859,500 people in employment * 60 = €111,570,000

yes 111 million is a much smaller number than 20,000 million :P

I'm guessing this is Brian Lenihan's Boards.ie account?

Cookie_Monster

shivkk06 wrote: »

if u read all posts cookie monster you would see i stood corrected on this abd said so about 6 posts back

all posted as I was writing

Nijmegen

If only the bondholders were as good at math as the DoF people...

Scuid Mhór

wyndham wrote: »

Maths fail

wyndham slamming down the hardcore facts.

Fat_Fingers

Forget about it.. I’m going to do “Bertie Ahern”. Cancelling my bank account, cash in hand only and looking for Paddy the Plasterer to put me up in a nice house

jmayo

shivkk06 wrote: »

i dont work for any department, just thought it was a logical less crippling idea

Well God loves a trier.

Uuuh Patsy wrote: »

This thread is tragically hilarious..The Lenihan Gag is priceless.. For the first time in 2yrs I miss Dublin.. But I aint stumping up 80 or is it 80000 euro so will wait it out here

BTW I wouldn't be so smug if I was you.
As you speak we are finding out exactly where you live in Perth and pretty soon we will ALL be coming and will need somewhere to stay.

Why did this thread put me in mind of this ...

Go to 1.56 in and you get the lenihan idea, which kinda works out pretty close to the OPs plan.

https://www.youtube.com/watch?v=6QrlMzugvG8

tenchi-fan

This tax sounds similar to the text message tax that would bring in €1 billion a year.

Amhran Nua

shivkk06 wrote: »

i cant scrap it much as i would like to i havent a clue how to delete a thread but glad some ppl got a laugh out of it

Ah don't worry about it, everyone makes mistakes, and the peanut gallery takes it where it can find it. The thread should be locked tbh.

North_West_Art

I have made mistakes posting figures before, and returning the next day to find I cant edit my OP, so I know the feeling OP,

This thread does illustrate the lack of clear information that has been made publically available... our state media swamp important facts in a quagmire of legal jargon, and our Dof drip feeds us misleading and inaccurate figures... we should use the 'half of what you see, and none of what you hear' rule of thumb when evaluating FF spin regarding the ecconomy.

I had been following a thread on Politics.ie regarding this subject, and a realisitic figure per head of population being discussed was €60,000, now I see a figure of 111k on this thread, so it seems there is no clear figure yet.... or am I wrong?

Sandvich

Bucklesman wrote: »

You mean some sort of... tax?

Maybe they could do this, but charge rich people more than the less well off?

I like where this is going actually.

But you'll make a Libertarian cry!

Sandvich

BOHtox wrote: »

Debt per person is €20,305 per person, would you be willing to pay that?

That's not even including private debt, which is worse.

Yakult

BOHtox wrote: »

Debt per person is €20,305 per person, would you be willing to pay that?

Only if I got it back when the econamy is saved. Plus 10000% interest

meditraitor

This a good question... I could probably spare 10k to help the economy! How many like me are there? 10,000 would probably give us a year. The real problem is the culture of entitlement among the under 30's that prevails this society....

Free education and social welfare parachute 's have created a nation of lazy mo fo's....


Simple

PanchoVilla

Or how about we send in CAB to seize the assets of anyone who owes more that €500k to NAMA or any of the banks and refuses to pay back the money? That should work pretty well. We can go after the ones who owe the most and work our way down. That way we can actually spend our taxes on education, healthcare, infrastructure, that sort of thing.

PanchoVilla

meditraitor wrote: »

This a good question... I could probably spare 10k to help the economy! How many like me are there? 10,000 would probably give us a year. The real problem is the culture of entitlement among the under 30's that prevails this society....

Free education and social welfare parachute 's have created a nation of lazy mo fo's....


Simple

Really? I thought it was the culture of greed and corruption among the over 30s in this country that was the real problem.