First He Giveth Then He Taketh Away

at

nevan(Chef Neven Maguire in a Restaurants Association campaign being rolled out tomorrow)

Speaking to the Irish Times last week, Michael Noonan siad:

“So in very simple language, if I don’t bring it back I have to find something like €360 million elsewhere.

Noonan added, “when local Government and lobbyists were sending in their pre budget submission, they might suggest who I tax instead to get €360 million”.

However,

An ITIC report states that the cost for restaurants, hotels and tourism visitor fees to the State has cost €90m.

The 9,000 jobs created in tourism and hospitality has saved the Exchequer (welfare bill) €123m.

Noonan’s figures of 15,000 jobs overall then has saved €205m.

Yay!

Not so fast…

VATOh.

Previously: Do You Take Tips?

Irish Times

Oireachtas.ie

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