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FG and Graduate Tax

  • 13-02-2011 10:32pm
    #1
    Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭


    Is there benefit to this?

    Third Level education cost €2 billion and it's already impossible for many to afford college.

    With what happened in Australia with the Graduate tax, why do FG think this is a good idea?


Comments

  • Closed Accounts Posts: 3,619 ✭✭✭ilovesleep


    PomBear wrote: »
    Is there benefit to this?

    Third Level education cost €2 billion and it's already impossible for many to afford college.

    With what happened in Australia with the Graduate tax, why do FG think this is a good idea?

    What happened in Australia regarding that graduate tax.


  • Closed Accounts Posts: 6,084 ✭✭✭oppenheimer1


    A graduate tax won't work simply because graduates will leave. It will have to be fees or loans but a tax will simply pass the burden on to a smaller pool of students. Considering the FG central line is competence in economic affairs is a bizarre policy. It will only send more graduates away - to never return.


  • Closed Accounts Posts: 5,132 ✭✭✭Killer Pigeon


    Cue Right Wingers ..... now.


  • Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭PomBear


    ilovesleep wrote: »
    What happened in Australia regarding that graduate tax.

    Graduates thought feck this and left instead of being burdened with this tax


  • Closed Accounts Posts: 9,376 ✭✭✭ei.sdraob


    PomBear wrote: »
    Graduates thought feck this and left instead of being burdened with this tax

    Leave where? arent our graduates leaving in droves for Australia anyways...


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  • Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    This is the bit where we have massive recriminations and everyone hates FG because they have to raise taxes. Why do they have to raise taxes?

    Because everyone* voted for FFailure for 12 years or so and now we are goosed.

    *well, not everyone, but enough to make them the biggest party.


  • Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭PomBear


    ei.sdraob wrote: »
    Leave where? arent our graduates leaving in droves for Australia anyways...

    well at moment there are 100,000 graduates unemployed, 5,000 leaving every month, so yeah they go to Australia. Who are openly looking for graduates to immigrate, why?
    Well one of the reasons was because all their native graduates left!


  • Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭PomBear


    This is the bit where we have massive recriminations and everyone hates FG because they have to raise taxes. Why do they have to raise taxes?

    Because everyone* voted for FFailure for 12 years or so and now we are goosed.

    *well, not everyone, but enough to make them the biggest party.

    Because FF were awful doesn't give FG free reign to do anything they like!
    Their economic policy is pretty poor and i'm questioning it and not just saying " they need to do this because FF were sh1te!, durrrrrrr"

    Also raises the point that FG legitimacy goes as far as they're not FF.


  • Closed Accounts Posts: 9,376 ✭✭✭ei.sdraob


    PomBear wrote: »
    Well one of the reasons was because all their native graduates left!

    You didnt answer the question, where did they (the Australian graduates) leave? and what is your source while you are at it


  • Closed Accounts Posts: 3,619 ✭✭✭ilovesleep


    PomBear wrote: »
    well at moment there are 100,000 graduates unemployed, 5,000 leaving every month, so yeah they go to Australia. Who are openly looking for graduates to immigrate, why?
    Well one of the reasons was because all their native graduates left!

    Countries playing pass the parcel with graduates.

    I think a graduate loan would be better than a graduate tax.


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  • Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭PomBear


    ei.sdraob wrote: »
    You didnt answer the question, where did they (the Australian graduates) leave? and what is your source while you are at it


    well they left Australia:pac:


    http://www.idebate.org/debatabase/topic_details.php?topicID=115

    small bit on it here


  • Registered Users, Registered Users 2 Posts: 88 ✭✭randomhuman


    This is the bit where we have massive recriminations and everyone hates FG because they have to raise taxes. Why do they have to raise taxes?

    Because everyone* voted for FFailure for 12 years or so and now we are goosed.

    *well, not everyone, but enough to make them the biggest party.

    Nothing wrong with more taxes really, but they have to be taxes that make sense. A tax that encourages educated young people to leave the country does not make sense.

    You're right to place the blame with FF though. It seems like everything they've done since the crisis began has just been about propping the country up enough so that the ultimate disaster will happen on somebody else's time. I mean listening to them talk at the moment they already sound like they've never had a chance in government before!


  • Closed Accounts Posts: 27,856 ✭✭✭✭Dave!


    Is there anything a bit more solid on graduates leaving Australia than the link posted? "Is this why so many young Australians leave their native land to work elsewhere?" -- not very convicing. Has it been established that this is one of the main reasons why they leave? And don't they return? I woulda thought that Australians were just backpacking for a few years before coming home.

    When the graduate tax was explained to me in Oz, I thought it was a great idea. Good way to unburden the exchequer of the costs.


  • Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭PomBear


    Dave! wrote: »
    Is there anything a bit more solid on graduates leaving Australia than the link posted? "Is this why so many young Australians leave their native land to work elsewhere?" -- not very convicing. Has it been established that this is one of the main reasons why they leave? And don't they return? I woulda thought that Australians were just backpacking for a few years before coming home.

    When the graduate tax was explained to me in Oz, I thought it was a great idea. Good way to unburden the exchequer of the costs.

    http://lmgtfy.com/?q=australia+graduate+tax


  • Closed Accounts Posts: 19,341 ✭✭✭✭Chucky the tree


    How will this graduate tax cost a graduate? If it's asking people to pay back the €2,000x4 registration fee then I can't really see every graduate fleeing Ireland to never return so they can get off the hook for €8,000.


  • Registered Users, Registered Users 2 Posts: 1,021 ✭✭✭Sulmac


    How will this graduate tax cost a graduate? If it's asking people to pay back the €2,000x4 registration fee then I can't really see every graduate fleeing Ireland to never return so they can get off the hook for €8,000.

    They want graduates to pay around one-third of the total cost of their course back, so the more expensive the course (for instance medicine or dentistry), the more they'll have to pay back. Payments don't start until they are earning a certain amount, though.

    Does anyone know how/if Australia 'deals' with those who emigrate? Do they sell the debt to debt collectors abroad or just write it off?


  • Registered Users, Registered Users 2 Posts: 862 ✭✭✭eoinbn


    How will this graduate tax cost a graduate? If it's asking people to pay back the €2,000x4 registration fee then I can't really see every graduate fleeing Ireland to never return so they can get off the hook for €8,000.

    More like €8000 a year than in total! I would assume it would be close to €30000 over a flexible period depending on how much one earns, 5-15 years.

    People have to realistic, this money most come from somewhere. Gradutes will be taxed either directly, or indirectly by raising income tax as graduates earn more.
    The talk of mass exodus is nonsense. If there is jobs good jobs people will stay and fill them.


  • Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭PomBear


    eoinbn wrote: »
    More like €8000 a year than in total! I would assume it would be close to €30000 over a flexible period depending on how much one earns, 5-15 years.

    People have to realistic, this money most come from somewhere. Gradutes will be taxed either directly, or indirectly by raising income tax as graduates earn more.
    The talk of mass exodus is nonsense. If there is jobs good jobs people will stay and fill them.

    What are these "jobs" you speak of?


  • Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    PomBear wrote: »
    Because FF were awful doesn't give FG free reign to do anything they like!
    Yeah, but unfortunately I can see FF getting in again in 5 years or less because the public still don't grasp that just about everybody is going to get screwed over to some degree in the desperate attempts to balance the books in our new IMFFailure economy. FFailure must be laughing their heads off anticipating the excrement storm that is coming the way of whoever is running things for the next few years.


  • Registered Users, Registered Users 2 Posts: 171 ✭✭Ray Burkes Pension


    You should all read the fine gael green paper on this. http://www.finegael.org/upload/file/3rdway.pdf


    The contribution is 30% of the unit cost of the students’ education.

    Joe has completed an Arts degree in 3 years. The accumulated cost of his degree programme was €38,000. His graduate contribution will amount to €11,400.


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  • Registered Users, Registered Users 2 Posts: 1,885 ✭✭✭PomBear


    You should all read the fine gael green paper on this. http://www.finegael.org/upload/file/3rdway.pdf


    So this will in debt some of our youngest and brightest (would be way more than €11,400 btw) at a time they'll be looking to buy their first home.....more facepalm-worthy economics from FG


  • Registered Users, Registered Users 2 Posts: 171 ✭✭Ray Burkes Pension


    PomBear wrote: »
    So this will in debt some of our youngest and brightest (would be way more than €11,400 btw) at a time they'll be looking to buy their first home.....more facepalm-worthy economics from FG

    Hopefully our youngest and brightest will have a bit more sense than their property obsessed predecessors.


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