This afternoon.
Chartered Accountants House, Pearse Street, Dublin 2
Fianna Fail Spokesperson on Finance, Michael McGrath TD (right) and Spokesperson on Public Expenditure and Reform, Dara Calleary TD, as they published Fianna Fáil’s Budget 2018 priorities..
Mr McGrath said that reducing the Universal Social Charge and raising the point at which people pay the higher income tax rate is costly.
Fianna Fáil’s spokesperson on public expenditure and reform, Dara Calleary, said the party favours rises in the State pension and payments to carers and those with disabilities.
McGrath says tax reductions in budget will be ‘modest’ (RTÉ)
RollingNews
Meanwhile…
Yesterday.
The Social Democrat’s launched their Alternative Budget 2018 Proposals in Dublin attended by the party’s co-leaders Roisin Shortall TD and Catherine Murphy TD, and party spokespersons.
Ms Murphy said:
“Our Budget proposals are fundamentally about fairness and long-term planning – spending wisely now in order to save later. If we don’t pull out all the stops to tackle the homelessness emergency, the house rental crisis, and the serious infrastructure shortcomings facing the country, we are just shoring up problems for the future.”
Soc Dem Alternative Budget 2018
Eamonn Farrell/RollingNews
Yesterday
Buswells Hotel, Dublin 2
Launching the Solidarity – People Before Profit Pre-Budget Submission were above from left: Brid Smith TD, Richard Boyd Barrett TD, Paul Murphy TD and Ruth Coppinger TD
Mr Murphy said:
“The housing and homelessness crisis epitomises the reality of crises in people’s lives that continue to worsen despite official statistical growth. That is because it is rooted in an extreme growth of inequality.
Gross profits for corporations have doubled from 2011 to 2015 from €75 billion to €150 billion. The wealth of the richest 300 people has also doubled from €50 billion in 2010 to over €100 billion now. The Solidarity – People Before Profit budget statement sets out how this inequality is a political choice and an alternative choice can be made.”
People Before Profit.Solidarity Pre Budget Statement
Sam Boal/RollingNews
Friday afternoon…where news is traditionally taken to die.
tee-hee
PBP’s is a great light read for a Friday afternoon
https://d3n8a8pro7vhmx.cloudfront.net/peoplebeforeprofit/pages/72/attachments/original/1507232604/Budget_2018_Solidarity-PBP_Dail_Print.pdf?1507232604
my highlights
– 3bln raised from “Millionaires Tax of 2% on Net Wealth Exceeding €1 million Imposed on Top
5% of Households” with no absolutely detail of how that would be imposed.
– 3bln raised from a repudiation of 50% of the national debt
I’d love to see the Year 2 budget
is it a 2% on millionaires every year? Will they want those who live in houses that have become quite expensive to sell us?
*sell up
another: “Financial Transactions Tax 0.1% on Transactions of Shares and Securities and 0.01% on derivatives €610m”
Which is one way to remove these from Ireland.
and another: a new set of high tax rate from 50% (from 100K) through 65% (over 250K) AND PRSI rate of 20% for 100K plus.
So that’s a total tax of 70…85% tax on everything over 100K. Sweet.
It doesn’t seem to distinguish between single earners and couples either…
Year 2: Introduction of the bear tax.
Year 3: Introduction of the Homer tax.
That’s the home *owners* tax.
No, they don’t believe in those (odd for a left-wing party, but there you go).
The ginger one looks like he is ready to bolt
the Soccie Ds look ridiculous with all those bits of car’board
It the Budget 2018 Speech
not a Car Show ffs
it’s like a Pacman Pride parade!
waka waka waka
I mean, it’s not scientific anything, but McGrath has such a disingenuous face.
Just sayin