Archive for the ‘Economy’ Category
Marie from North County Dublin has had a home help carer for 18 years. Earlier this year she had this provision cut from 7 hours per week to 2.5 hours and last month this was further cut to two ½ hour slots on a Thursday and Friday morning.
Marie, who lives alone, has Osteoporosis, pathological fractures in her spine and has had mobility problems for over fifteen years. She has degeneration in her hips and is awaiting a hip replacement. Her medical condition causes her severe pain and greatly limits her mobility.
In a recent publication, The Case for a Financial Transaction Tax, the Irish Congress of Trade Unions made a well-argued call for a tax on financial transactions such as stock trading and derivatives trading. There is, in fact, a growing push across Europe, and not just from the Left, for a tax on this multi-billion-Euro sector of the economy. As ICTU point out, this tax could raise a staggering €57 billion across Europe. And this would be at the infinitesimal rate of 0.01% to 0.1%; a moderate tax that would do little to hamper an industry which already escapes from paying VAT.
Clare Daly TD said: More and more people in this country are struggling and wondering how they are going to pay their bills and put food on the table. Imposing a property tax on people who can already barely make ends meet will have a disastrous effect. Cutting child benefit will put enormous pressure on families. If people can’t spend how is the economy going to recover. What we need is an end to this austerity and get people back to work”