BUDGET 2012

Morrisseeee

Ah yes property tax, a bit ironic really, after the property boom/bust, and the good auld reliable, the tax-payer bends down (again) and says "please sir, can i have some more", while the financial regulator, politicians, bankers et al walk away with fat pensions.

Stiffler2

Morrisseeee wrote: »

Ah yes property tax, a bit ironic really, after the property boom/bust, and the good auld reliable, the tax-payer bends down (again) and says "please sir, can i have some more", while the financial regulator, politicians, bankers et al walk away with fat pensions.

The only way that will ever get sorted is through an Irish Revoltuion overthrowing government or via a referendum which the governement would never do.

I mean, if you could set your own salary how much would you pay yourself ?

foxyboxer

Agent Smith wrote: »

I'd Means Test everything going.
Dole,Children's allowance, Single Mother Payments, Medical Cards

Invest money in a system where you are encouraged to report people commiting benifits fraud

OR


(and someone please, explain why this isnt a plan)

1. I'd lower corp tax to 11% for any company employing 200 or more
2. I'd lower corp tax to 10% for any company employing 500 or more
3 I'd lower corp tax to 8% for any company employing 1000 or more
4. I'd lower corp tax to 5% for any company employing 5000 or more


Simples!

If there was a financial incentive for reporting people then this could work.
For example, you get a cut if they are convicted or a standard 'referral fee'.

Double edged sword though as you should be fined for wasting Revenue's time if it's not proven.

melekalikimaka

the groutch wrote: »

college fees wouldnt be needed if they cut the rediculous salaries of both college lecturers, and high end administrators

we cant afford free fees, an introduction of a loan system would solve this

irish_stevo815

melekalikimaka wrote: »

we cant afford free fees, an introduction of a loan system would solve this

There is a loan system - getting screwed by the banks

Shattered Dreamer

the groutch wrote: »

college fees wouldnt be needed if they cut the rediculous salaries of both college lecturers, and high end administrators

Yeah & this is made worse by the fact some of the college presidents support the fees for example the President of UCC. Whatever about water fees, social welfare cuts, more tax on smokes & a minimum price for alcohol it is these changes to college fees & grants that will have the most detrimental effect on this country as a large percentage of our young people will have to leave to Ireland. If I was a betting man I'd bet quite a few who leave won't return either.

Minister Ruairi Quinn blames the EU & the IMF for the potential fee rise saying "Ireland has no control over it's cheque book". Notwithstanding that our politicians need to see that this fee raise damages the future of this country & they need to stand up to the bullies in Europe because you can't grow an economy for the future with under educated people.

ArmaniJeanss

Pride Fighter wrote: »

Fianna Fail lowered betting tax in the early 2000's from 10% to 1%. The 1% raises 30 million, if increased back to 10 it would raise an 270 million euro.

Betting tax is actually 2% at the moment so your figures are way off.
You would also lose at the 'corporation tax' side. Say I have €100 to spend in the bookies on a Saturday regardless of what the tax is - if you increase the tax then by definition the gambling proportion of that €100 is lower hence the bookies profit is lower so he pays less tax.

Though even more likely what would happen is a sizeable proportion of gamblers would use UK based on-line bookmakers and pay 0% tax (perfectly legal to do this in the open EU market by the way)

So I doubt your increase to 10% betting tax would lead to any revenue increase at all.

Blazer

There was a good piece in the journal yesterday about student fees.
Basically both sides need to cop on...students need to pay for their fees but governments should realize that investment in education leads to increased taxes etc over a lifespan.

http://www.thejournal.ie/readme/column-time-to-end-this-ridiculous-student-fees-stalemate/


My plan would be fair on both.
Introduce student fees for 3rd level college. However have a loan system in place so that after students get a job after they qualify they can start repaying it back.
For the duration of the loan the value of their repayments would be deducted from their paye tax etc so they're not getting hammered on tax + loan repayments.
Once loan is repaid taxes would return to their normal rate (obviously you'd need a specific loan term in to avoid abuse)
so this way the student pays for his education but the government recognizes that getting a job brings taxes back into their coffers.
I'm not sure how emigrating students would be affected but I'm sure someone could figure this out.

Students need to realize there's no such thing as free education past secondary school. If you want to better yourself then you're doing it for your benefit and as such you should pay for this.
Governments need to realize without a strongly educated workforce Ireland's days are numbered and tax takes will get lower and lower.

Galtee

Sc@recrow wrote: »

There was a good piece in the journal yesterday about student fees.
Basically both sides need to cop on...students need to pay for their fees but governments should realize that investment in education leads to increased taxes etc over a lifespan.

http://www.thejournal.ie/readme/column-time-to-end-this-ridiculous-student-fees-stalemate/


My plan would be fair on both.
Introduce student fees for 3rd level college. However have a loan system in place so that after students get a job after they qualify they can start repaying it back.
For the duration of the loan the value of their repayments would be deducted from their paye tax etc so they're not getting hammered on tax + loan repayments.
Once loan is repaid taxes would return to their normal rate (obviously you'd need a specific loan term in to avoid abuse)
so this way the student pays for his education but the government recognizes that getting a job brings taxes back into their coffers.
I'm not sure how emigrating students would be affected but I'm sure someone could figure this out.

Students need to realize there's no such thing as free education past secondary school. If you want to better yourself then you're doing it for your benefit and as such you should pay for this.
Governments need to realize without a strongly educated workforce Ireland's days are numbered and tax takes will get lower and lower.

There is in Germany and it's paid for out of the exchequer. I don't know the ins and outs and I know they pay for other stuff etc. but I'm just saying they somehow manage it over there but then they seem to be able to run their country properly.

Shattered Dreamer

Sc@recrow wrote: »

There was a good piece in the journal yesterday about student fees.
Basically both sides need to cop on...students need to pay for their fees but governments should realize that investment in education leads to increased taxes etc over a lifespan.

http://www.thejournal.ie/readme/column-time-to-end-this-ridiculous-student-fees-stalemate/


My plan would be fair on both.
Introduce student fees for 3rd level college. However have a loan system in place so that after students get a job after they qualify they can start repaying it back.
For the duration of the loan the value of their repayments would be deducted from their paye tax etc so they're not getting hammered on tax + loan repayments.
Once loan is repaid taxes would return to their normal rate (obviously you'd need a specific loan term in to avoid abuse)
so this way the student pays for his education but the government recognizes that getting a job brings taxes back into their coffers.
I'm not sure how emigrating students would be affected but I'm sure someone could figure this out.

Students need to realize there's no such thing as free education past secondary school. If you want to better yourself then you're doing it for your benefit and as such you should pay for this.
Governments need to realize without a strongly educated workforce Ireland's days are numbered and tax takes will get lower and lower.

I'm actually inclined to agree with you. A big problem with the "Occupy" generation is that they (I won't say we) expect everything for nothing. I noticed this especially back in college, spoilt brats completely inapt when it came to doing anything for themselves. I come from a working class background & my family scraped together the fees (which I've since paid them back in full) to send me to private college, which cost around €6000 a year (3 year course This makes it a little weird for me when people complain about 6 grand a year fees but I do support them against them but for different reasons. If this fee rise happens my younger sister might not be able to go to college because my parents could simply no longer afford it. Taking on more debt isn't an option either since they had to, like a lot of people, restructure payments on their mortgage.

But with the government being slaves to Europe & the IMF & the attitude of the "Occupy" generation this budget & a few to come will be tough for us all.One of the hardest lesson I've learned is that a college education doesn't guarantee a job but I feel it made me a better person.

mcriot29

What do you think will happen in regards to gift tax and cat tax also dwelling house tax

Mr Benevolent

Sex tax. Dependant on position. Tax rebate for just holding hands and thinking of Enda.

county man

I have heard that the government are considering introducing an air tax where every person in the country will have an air regulator fitted and will be charged on the amount of air that they breathe.Those who can hold their breath the longest will pay less.

county man

Confab wrote: »

Sex tax. Dependant on position. Tax rebate for just holding hands and thinking of Enda.

Would there be a higher tax rate for missionary position than for doggy style?

hardybuck

Areas I would like to see examined:

• Means test Child Allowance. Miriam O'Callagan does not need the €1,332 she is entitled to each month. Cut by 10% across the board, followed by introducing a new sliding scale of benefit tied to the household annual income, and abolish where household income is in excess of €150k per annum.
• Means test OAP entitlements. Unpopular but necessary in my book. A retired couple at present may claim a state pension of €460 between them. Add that to free travel, medical cards, no TV license, possible private pension, mortgage paid off and no children - you can see they are better off than a large proportion of society.
• Overhaul of TV License system. As the employer collects PAYE on behalf of the Government, the cable television providers should be collecting TV License. Increase the income on licenses, reduce Government spending on RTE and inspectors.
• Cuts to RTE salaries. The Top 10 earners are paid a total of €3.95m, so I think moderate cuts across the board here should bring in a couple of million easily.
• Cut Foreign Aid: Ireland currently spends over €600m annually here. Sorry guys - we're broke too...
• The Seanad: Costs the taxpayer approx €30m per year, or €50,000 for each hour it sits. CUT!
• Cut Rent Supplement: Are these artifically keeping our rental costs high?
• College Fees: Put a cap on 'registration fees' as they stand, and collect a small % of graduates income for the first 10 years they work in Ireland.
• Capital Expenditure: Proposed €750m cut seems reasonable

Possible measures to encourage employment:

• Retain current Home Energy grant system. Huge return on the €100m per annum I think it costs.
• Introduct a similar scheme to the above for small and medium businesses. Would help SME's save money and hopefully help stay afloat, and create more jobs in the construction sector.

Have I reached the €3.5 billion figure yet?

Tigger

Biggins wrote: »

Expect a minimum set price for certain types of alcohol sales.

expect me to drive to enniskillen with a trailer once a year

Sin City

Hi guys just registered here ,

Anyway some good and downright funny ideas for saving this country money
Here is another suggestion the legalisation of escorts. Now this could be seen as something negative but if you look at it in terms of financial gain then it does make sense. Look at the amount of exposes in the papers in the media. There are loads of escorts working and they are working tax free, some if the figures I have been reading are accurate are earning up to around 500 a day.

The only thing is like the legailisation of cannibis it would be hard for people to swallow but surely it would help the country.

The take from this could help those on social welfare avoid the expected 8 euro cuts. Just an idea

WoollyRedHat

mcriot29 wrote: »

What do you think will happen in regards to gift tax and cat tax also dwelling house tax

If there is a cat tax then they need to bring a dog tax...
Actually is there a zoo tax, maybe there should be a zoo tax...

LighterGuy

hardybuck wrote: »

[*]Means test OAP entitlements. Unpopular but necessary in my book. A retired couple at present may claim a state pension of €460 between them. Add that to free travel, medical cards, no TV license, possible private pension, mortgage paid off and no children - you can see they are better off than a large proportion of society.

Now dude you made a few other good points in your post. But this statement just over shadows everything because its bloody terrible! :mad:

"ahh, go after the OAP's.. means thest em' so we can take money away from them" - thats right take money away from people who spent their lives working and paying tax :rolleyes: After all the average OAP isnt on some fat pension ... they're on a sh*te one. But sure they get everything else for "free" so lets get into them?

KindOfIrish

woodoo wrote: »

Fat tax, sugar tax. what next.... broccolli tax?

Tax tax. €1 tax for every €100 of income tax

Knine

pragmatic1 wrote: »

Someone mentioned a tax on text messages. Very good idea.

I already pay tax on my phone bill

Thanks very much

draiochtanois

This post has been deleted.

Wibbs

LighterGuy wrote: »

"ahh, go after the OAP's.. means thest em' so we can take money away from them" - thats right take money away from people who spent their lives working and paying tax :rolleyes: After all the average OAP isnt on some fat pension ... they're on a sh*te one. But sure they get everything else for "free" so lets get into them?

Oh I defo see your point LG, but I do think it should be means tested. One of my uncles is worth millions and has three homes around the world and regularly hires a yacht to piss off around the Aegean. A widowed neighbour of mine had a part time job while she raised her kids, owns her house but has a disabled daughter she still cares for. Both get the state pension. There's something wrong in that imbalance IMHO. There should be a cutoff point. Hell even a 100,000 a year earnings cut off point. Though 50,000 PA would be more like it. Retired couple no mortgage? 50,000 is more than enough.

hardybuck

LighterGuy wrote: »

Now dude you made a few other good points in your post. But this statement just over shadows everything because its bloody terrible! :mad:

"ahh, go after the OAP's.. means thest em' so we can take money away from them" - thats right take money away from people who spent their lives working and paying tax :rolleyes: After all the average OAP isnt on some fat pension ... they're on a sh*te one. But sure they get everything else for "free" so lets get into them?

Well think about it. OAP's get a very generous package. A retired couple as I point out may get €460 per week just on the pension. When you add the free travel, medical card, no TV license, fuel relief etc. This is just basic state subsidy, before you come to the better off who will have private pensions, AVC's and perhaps savings built up.

No kids or mortgage most likely either, so a serious amount of disposable income there. Compared to someone who is 10-15 years younger, they may be far better off.

Means testing ensures that the money trickles down to those who need it. My multimillionaire neighbour may get a portion of what he is entitled to now, but it might ensure that his less successful brother who lives on his own a mile up the road will be looked after.

mickydoomsux

Every single benefit given out by the state should be rigorously means tested.

Not everyone should be "entitled" by default because not everyone has the need.

hardybuck

mickydoomsux wrote: »

Every single benefit given out by the state should be rigorously means tested.

Not everyone should be "entitled" by default because not everyone has the need.

Impractical. We simply wouldn't have the resources to do this.

mickydoomsux

hardybuck wrote: »

Impractical. We simply wouldn't have the resources to do this.

I thought the public sector was supposed to be drastically over staffed and the money saved in the long term through reduced payments would make such an initiative pay for itself.

Wibbs

mickydoomsux wrote: »

I thought the public sector was supposed to be drastically over staffed and the money saved in the long term through reduced payments would make such an initiative pay for itself.

Great in theory Micky but the tax office isn't even cross connected with the state benefits office. The way things stand currently I'd not trust those various hammerheads to get it right. The whole kit and kaboodle needs a shakeup. Cue many stupid quangos and more wasted money. Look at how long post codes have been discussed by various panels full of dribbling gibbons. While there are hard workers and very smart people in our PS, too often they're ignored and the overall service is populated by one too many idiot sons of idiot sons and less organisation than a box of broken plates. Pissup in a brewery springs readily, while wasting millions if not billions in the effort.

chasm

hardybuck wrote: »

Well think about it. OAP's get a very generous package. A retired couple as I point out may get €460 per week just on the pension. When you add the free travel, medical card, no TV license, fuel relief etc. This is just basic state subsidy, before you come to the better off who will have private pensions, AVC's and perhaps savings built up.

I just had a quick look at the contributary and non-contributary rates of payment and don't see any for a couple that amount to €460. Where did you get this rate from?

I see the papers reporting that Joan Burton has been examining ways to compensate those on low income if child benefit is cut.(which i suppose means what they did before, increase the child dependent rate on weekly payments) When they cut the electricity allowance for OAPs and those on disability i don't recall them "compensating" those claimants on low income. Fair budget my eye!

hardybuck

chasm wrote: »

I just had a quick look at the contributary and non-contributary rates of payment and don't see any for a couple that amount to €460. Where did you get this rate from?

I see the papers reporting that Joan Burton has been examining ways to compensate those on low income if child benefit is cut.(which i suppose means what they did before, increase the child dependent rate on weekly payments) When they cut the electricity allowance for OAPs and those on disability i don't recall them "compensating" those claimants on low income. Fair budget my eye!

http://www.citizensinformation.ie/en/social_welfare/social_welfare_payments/older_and_retired_people/state_pension_contributory.html

Take a look at rates toward the end there.