Advertisement
                                            
                                    Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/. 
If we do not hit our goal we will be forced to close the site.
Current status: https://keepboardsalive.com/
Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.
If we do not hit our goal we will be forced to close the site.
Current status: https://keepboardsalive.com/
Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.
https://www.boards.ie/group/1878-subscribers-forum
Private Group for paid up members of Boards.ie. Join the club.
Private Group for paid up members of Boards.ie. Join the club.
Are you going to pay the household charge? [Part 1]
Comments
- 
            
- 
            
- 
            
- 
            
- 
            
- 
                Advertisement
- 
            
- 
            
- 
            
- 
            
- 
            
- 
                Advertisement
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
                Advertisement
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
            
- 
                Advertisement
- 
            
This discussion has been closed.
            Advertisement
    


 I not so sure we agree on why though. You say that we haven't paid a red cent back from tax and I find this a bizarre statement. The whole reason the taxes have been raised for the last 5 budgets, is to close the deficit that was opened primarily by the amount of money paid to banks. Consequently, the current deficit has been largely caused by the cumulative servicing of debt as a direct result of loans that were used to bailout banks. It doesn't really matter if we sit down and record actual serial numbers on notes to determine which notes are being used to service the debt (although this does sound like a government method of reporting depending on who they are pitching to). The cost of servicing the debt in 2011 was 5.4bn as per the department of finace figures on the exchequer for 2011. This was 4bn in 2010 and god knows what in 2008 & 2009. Also, to account for the budget adjustments, there was a budget deficit of €1.7bn in 2007 and since then there has been budget adjustments of .5bn, 1bn, 2bn, 3.3bn and 3.6bn which is year on year BTW and would more than account for the adjustment to unemployment figures. For the record, tax receipts last year were 31.7bn. PRSI on top of that is another circa 9bn bringing it up over the 40bn mark. Revenue from state bodies is not factored in to this figure to the best of my knowledge. So where the hell is all the money going???
 I not so sure we agree on why though. You say that we haven't paid a red cent back from tax and I find this a bizarre statement. The whole reason the taxes have been raised for the last 5 budgets, is to close the deficit that was opened primarily by the amount of money paid to banks. Consequently, the current deficit has been largely caused by the cumulative servicing of debt as a direct result of loans that were used to bailout banks. It doesn't really matter if we sit down and record actual serial numbers on notes to determine which notes are being used to service the debt (although this does sound like a government method of reporting depending on who they are pitching to). The cost of servicing the debt in 2011 was 5.4bn as per the department of finace figures on the exchequer for 2011. This was 4bn in 2010 and god knows what in 2008 & 2009. Also, to account for the budget adjustments, there was a budget deficit of €1.7bn in 2007 and since then there has been budget adjustments of .5bn, 1bn, 2bn, 3.3bn and 3.6bn which is year on year BTW and would more than account for the adjustment to unemployment figures. For the record, tax receipts last year were 31.7bn. PRSI on top of that is another circa 9bn bringing it up over the 40bn mark. Revenue from state bodies is not factored in to this figure to the best of my knowledge. So where the hell is all the money going???