LIVELINE Thread - (05/10/11 to 14/02/2012)

I remember Richard Bruton saying when he was opposition Finance Spokesman that "you can't tax your way out of a recession". Which is true, any First Year business textbook will tell you that...

What the hell are they playing at?

Its madness.

syklops wrote: »

When is the budget? Need to get the Christmas pressies sorted before it.

Our budget is December 6th, though the Germans have been having a good laugh chatting about in in their pubs the last couple of days.

Right, everyone off to Jonsboro and Newry, today, today, go now, run , go go on, run, spend North, "shop around" - Mary Harney :rolleyes:

one thing that won't be going up is your Salary Joe.

What about the homer tax?

Or is that the home owner tax?

Mmm.

A couple of sex?????? :eek:

Dublin Mom -

France increases its reduced VAT rate from 5.5% to 7% in 2012

7 November 2011
The French Prime Minister, Francois Fillon, today announced plans to increase the reduced VAT rate from 5.5% to 7% from January 2012. Read about French VAT compliance here.
Essential foodstuffs will remain at 5.5%. Other goods, including food provided in restaurants, books, public transport and repairs to domestic dwellings and cleaning services will be liable at the new sales tax rate from 2012. The current French standard VAT rate will remain at 19.6%. The 5.5% reduced rate was originally created in 2009 to help stimulate the economy in the face of the world credit crunch. There had been some speculation of a rise in the full French VAT rate of 19.6%, but it seems likely that this will be delayed until after the 2012 Presidential election.

VAT rise as part of French austerity measures
This proposal comes as part of a range of austerity cuts following the latest Euro currency rescue agreement. Other measures include bringing forward to 2017 an the increase in the official retirement age from 60 to 62. The aim of this package is to reduce the current state deficit from 5.7% to a balanced budget by 2016, and help preserve France's prized AAA credit rating with the international debt markets. The French state has not run a balanced budget in over 30 years.

Yay, more idiots who invested foolishly.

Over half a million. :eek::eek:

Crazy Horse 6 wrote: »

Look i hate FG/Labour as much as the next guy but why can't people get the fact that we are'nt in control of our finances anymore. It's over folks Enda and Co have no control of our spending or taxation.

It is actually in the control of Enda & Co, anything else is government spin. We have to make certain savings or tax increases that is obvious, but where exactly they are made is the sole decision of our government. The troika only have to agree its viable. The troiks never said to put up VAT, its decided by the government, the troiks OKs it.