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Budget 2025 (or is it 2026 )

24567

Comments

  • Registered Users, Registered Users 2 Posts: 18,702 ✭✭✭✭Idbatterim


    Listen, this is good to know. Now who can I vote for next time, that is economically prudent, aren't total liars and reward work over welfare? Nobody? Yeah, thought so...



  • Registered Users, Registered Users 2 Posts: 26,099 ✭✭✭✭Kermit.de.frog


    It means they are one off receipts, highly volatile and dependent on the performance of a handful of multinationals with the bulk of the take accounted for by just 3 companies. The government has been warned for the last 3 years about this by every reputable economist and institution including the Central Bank. They refuse to listen and just plough ahead.



  • Registered Users, Registered Users 2 Posts: 18,702 ✭✭✭✭Idbatterim


    One hundred percent! This crash, is going to be obscene comedy. Ffg , joined at the hip this time.. after squandering the largest golden goose imaginable. Obscene resources the last few years in particular, nothing to show for it...50 percent in government spekding over the last five years. , nothing to ahpw for it... I hope Europe just keep the keys to any financial matters relating to this country. Totally incapable of reform, delivering anything except reports , plans and hot air...



  • Registered Users, Registered Users 2 Posts: 18,702 ✭✭✭✭Idbatterim


    Really ? Welfare increases, welfare bonuses etc... doing nothing to reign in some of the obscene departmental spends.



  • Registered Users, Registered Users 2 Posts: 3,948 ✭✭✭Rocket_GD


    That's for you to do your research on, not for random people on the internet to tell you.

    But if you choose to vote for the same party time and time again, don't complain when you get the same results.



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  • Registered Users, Registered Users 2, Paid Member Posts: 7,747 ✭✭✭Allinall


    How can they be one off receipts if they happen every year?

    And they have been warned for way more than the last three years. 15 years more likely.

    Yet the taxes keep coming in.



  • Registered Users, Registered Users 2, Paid Member Posts: 8,447 ✭✭✭MrMusician18


    A very quiet thread for the main political event of the year. Just goes to show what a damp squib it was. No personal tax package and everything else is tinkering at the edges.

    Another missed opportunity.



  • Registered Users, Registered Users 2 Posts: 18,702 ✭✭✭✭Idbatterim


    As per endless observations on reddit, the journal. They are all an obscene farce. That is the obvious problem.. letting the place burn next election is the longer term answer. Brought about by ffg , whatever way you want to spin it...



  • Registered Users, Registered Users 2 Posts: 3,948 ✭✭✭Rocket_GD


    I'd suggest using more sources for information than Reddit and The Journal.

    Once again you voted for them, only you know why but you're reaping what you sowed. What possibly made you believe that they were going to be any different this time around?

    Ah ye let the place burn, anarchy is always the answer.



  • Registered Users, Registered Users 2 Posts: 375 ✭✭Jimi H


    Pretty dull budget but very few will be happy I suspect.



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  • Registered Users, Registered Users 2 Posts: 8,657 ✭✭✭Fann Linn


    'The worst off will be workers', according to the PWC tax spokesperson on Newstalk.

    Let that sink in and I hope those workers who voted FFG are happy.



  • Registered Users, Registered Users 2, Paid Member Posts: 8,447 ✭✭✭MrMusician18


    Can't imagine any PAYE worker will be happy. Fuel up, LPT up, income tax effectively up. Miserly reduction in usc.

    Country is booming apparently. Really?



  • Registered Users, Registered Users 2 Posts: 4,260 ✭✭✭0ph0rce0


    Carbon tax up so bills up. Be it for fuel or for heating from tonight with another increase in January.

    They added the PSO levy back last week too. Also a small rise in PRSI.

    Minimum wage goes up so even after all the VAT cut nonsense for hospitality you'll see increases across everything from groceries to eating out/having a drink and whatever else come January.

    Your house value has rocketed up so more property tax to pay with the new valuations.

    I'm sure there's more sneaky increases in there somewhere too . No tax breaks for the people who pay all the tax, especially if you have no children. So worse off until next year.

    Meh.

    They did say they'd look after the most vulnerable and while it's not much there's a few things like increases in payments, the back to school for 2-3 year olds, the wfp applicants allowed to apply for fuel allowance, minimum wage workers not paying the USC at higher rates. Actually shocked they followed through on something. 😂



  • Registered Users, Registered Users 2 Posts: 14,741 ✭✭✭✭Red Silurian


    Vote for FFG and get FFG style budgets I think is the takeaway we all need from this. Actually somewhat surprised they would do this with a presidential election around the corner. Heather Humphries being somewhat hung out to dry



  • Registered Users, Registered Users 2 Posts: 33,426 ✭✭✭✭breezy1985


    The whole budget thing is generally way too overhyped. Governments should no be waiting for once a year to make grandiose decisions.



  • Registered Users, Registered Users 2 Posts: 36,958 ✭✭✭✭NIMAN


    Not sure why we see the same moaning after every budget about the same issues, yet the same parties keep getting elected into power.

    They always say, you get the politicians you deserve.



  • Registered Users, Registered Users 2, Paid Member Posts: 24,840 ✭✭✭✭Sleepy


    Surely they're at diminishing returns with duty on tobacco? I'm funding a cheap weekend away to Barcelona next month on the savings I'll make from bringing home 4 cartons of cigarettes and rarely buy them in Ireland at all these days… and from conversations I've had in smoking areas all over the place it seems I'm far from alone.

    Most smokers seem to be buying duty free, bringing them back from other EU countries or buying on the black market.

    You could almost call the hike on tobacco prices a subsidy for Ryanair!



  • Registered Users, Registered Users 2, Paid Member Posts: 19,730 ✭✭✭✭ELM327


    So I'm a worker and an FFG voter. This is not in line with their prior direction, "making work pay". Tax cuts for middle earners should be the MO, not making being a waster pay.

    This budget hits small businesses, the employed, and everyone else that isnt a dole career lifer.

    I'm not wed to FFG, but there is no alternative. I want a fiscally right wing party that is libertarian / left/liberal on social issues



  • Registered Users, Registered Users 2 Posts: 163 ✭✭reactadabtc


    Woeful budget for working people

    Post edited by reactadabtc on


  • Registered Users, Registered Users 2 Posts: 715 ✭✭✭BOHSBOHS


    On the dole: +10 euro per week plus an extra 8 or 16 euro per week per child + xmas bonus + other goodies

    Working : + 50 cents per week (USC adjustment) + nothing



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  • Posts: 0 [Deleted User]


    Petrol and diesel up from midnight, so you will be paying more to travel to your taxpaying employment, leaving you worse off plus the almost daily supermarket price hikes to factor in.



  • Registered Users, Registered Users 2 Posts: 19,823 ✭✭✭✭kippy


    Personally, I have no issues supporting small business with a VAT cut. They are facing into increased minimum wages, a new pension scheme, and various increases in input costs as well as the complexity and red tape involved in running a business here however I have an issue with supporting the big big players in the industry with this cut. McDonalds, BK, Supermacs and God knows how many more large behomoths who have the backoffice and personel to deal with a lot of these changes. Its a very "non targeted" cut and should have been.

    No surprise much of this wasn't leaked beforehand, there was no direct improvements for workers in it and as someone has said above - its the budget after an election, the "giveaway" (if thats what you call it) was last year. The worrying thing (that wont change unless it HAS to change) is the increased expenditure this year and next - great, there's a "rainy day fund" (which wont be enough when the s hits the f) but we are in somewhat precarious times. Housing "Cant be called a crisis anymore" normality and healthcare is a mess.



  • Registered Users, Registered Users 2 Posts: 1,761 ✭✭✭Quitelife


    Pat McDonagh of Supermacs will be laughing all the way to the bank tonight at the reduction in vat for food places …so also will anyone that is a franchise for McDonalds , Burger King , KFC etc .
    whoever has the McDonald’s in the likes of Grafton street in Dublin will be a number of million better off each year going forward



  • Registered Users, Registered Users 2 Posts: 1,761 ✭✭✭Quitelife


    nothing in it for workers bar minimum wage people and those on social welfare .

    Most tax payers will be down a small amount with PRSI increases but are down quite a bit when you factor in inflation



  • Registered Users, Registered Users 2 Posts: 36,958 ✭✭✭✭NIMAN


    And yet the sheep will go and vote for FFG next time around too.

    Probably because they'll have a giveaway budget in election year and buy the votes



  • Registered Users, Registered Users 2 Posts: 8,657 ✭✭✭Fann Linn




  • Registered Users, Registered Users 2 Posts: 1,171 ✭✭✭DubCount


    10 Euro for social welfare is about a 4% increase which is pretty neutral given inflation. Workers will need to rely on employer increases to protect them from inflation. That should work for some, but not all. Those who get up early in the morning might not be keeping pace with inflation.

    Just to note that all the opposition parties proposed bigger social welfare increases.

    If the minimum wage was kept constant, the reduced VAT for restaurants might not have been needed.

    I think incentives for developers is needed. We need more accommodation supply and this is at least an attempt to get it in stead of just talking about the housing crisis.



  • Registered Users, Registered Users 2 Posts: 33,426 ✭✭✭✭breezy1985


    Independent Ireland on RTE complaining about the budget.

    Remember them. The people who are part of the coalition government.



  • Registered Users, Registered Users 2 Posts: 672 ✭✭✭Madeoface


    In fairness Doherty is a pain in the hoop. He's shouted wolf so many times even if he had salient points to make it would not be heard. He's a serial whinger.

    SF would be spending, spending, spending anyway so no point in listening to him. We'd be in worse shape.

    It's a terrible budget regardless of Dohertys high whines... And I figured that out without him or any rte panel.

    Fair play to listening to the 2 lad's, i don't know how anybody could...



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  • Registered Users, Registered Users 2 Posts: 18,702 ✭✭✭✭Idbatterim


    Who would ever have foreseen no income tax changes in a booming economy? Surely a repeat of this disgrace next budget , is beyond comprehension and totally untenable?

    Post edited by Idbatterim on


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