Economy

Archive for the ‘Economy’ Category

Economy, National

By Jacob Richards

Given the recent history of our current government in relation to imposing draconian measures on its ordinary citizens, nothing should really take us by surprise anymore. It is quite clear that this government is intent on taxing its struggling citizens beyond breaking point. Exemptions to this crippling austerity will be kept to the bare minimum. That is certainly the impression we are left with after today’s announcement that only 5,100 houses will be exempt from the Local Property Tax (LPT).

Perhaps more startling is the fact that this figure is down from 43,000 exemptions under the Household Charge last year. Such exemptions clearly enticed many struggling homeowners to register their details with the revenue commissioners. In doing so, many of these homeowners will now face crippling property taxes this year. It seems this government is determined to resist reprieve for homeowners affected by the issue of pyrite or unfinished estates
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Economy

The bailout deal for Cyprus has been greeted by Ireland’s Minister for Finance, Michael Noonan as a “positive development for Cyprus, the euro zone and Ireland”. Mr. Noonan is showing his true colours, as the only people for whom this is good news are the senior bondholders who have transferred their debt directly on to the shoulders of Cypriot families.

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Economy, Worker's Rights

The 24/7 Alliance of frontline workers, claim that proposals in Croke Park II, involve wage cuts that will disproportionately affect those working shift.  Members of the alliance also pointed out that once again it will be low paid female workers who will bear the brunt of these measures.  Many female workers for family reasons, have to work part-time hours, they rely on the premium payments to boost their wages.

Psychiatric Nurses

Approximately 85 to 90% of psychiatric nurses are female.  The previous policy of family friendly work hours in the HSE is now gone out the window.  Many nurses are sacrificing valuable family time to work holidays and unsociable hours to boost wages so that they can pay the costs of child care. The union have organised 11 town hall meetings to try to explain to communities the wider impact of cuts across the service.  The situation has become very stressful for these important workers and distress to frontline staff is not in anyone’s interest.  An estimated 3,900 psychiatric staff were physically attacked at work in the last year.  Why should these people put up with a stressful job that does not pay them a fair wage?
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Economy, Protests

read the family home tax – frequently asked questions
Homeowners are bracing themselves as Revenue gears up to deliver tax assessment forms to more than 1.6 million homes in the coming days.  They will be demanding that you agree a valuation on your home for the new property tax, and to let them know how you intend to pay it.

What an absolute kick in the teeth for citizens the length and breadth of the country!  It is nothing more than legalised extortion.  Anyone who bought a house in the past twenty years has already paid massive taxation for the privilege.  Of the average €300,000 price tag for a modest dwelling, over €165,000 went back to the Government in stamp duty, development levies, PAYE, VAT on materials and subcontracted labour.
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