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 Post subject: Re: BUDGET 2009
PostPosted: Fri Oct 17, 2008 7:45 pm 
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State Pension(Contributory) Weekly rate (maximum)
Personal rate, aged 66 - 80 €223.30

I think that what is being realised is that this "means testing" hid the real goal which was "abolishing" medical cards for over 70's. Their original threshold was 201.50, meaning that EVERY pensioner in the country was automatically excluded. They hid behind the "millionaires over 70" argument. There is a "marked" income difference here. Even with the new threshold of 240 (god bless them) it means that if a pensioner who on top of a state pension has a private pension then they have to go through the ordeal of completing paperwork. The ones who then have a small private pension but who are ill and on medication would also have to go through this ordeal and probably have to pay in the meantime to get their medication and wait weeks, months maybe before it gets sorted...... Shame on this government to treat our aged like this. To single out the most vulnerable people in society instead of protecting them.
In times like this it seems that the people who are greedy, misguided, and basically incompetent are left to destroy this country while the ones with some integrity (Joe Behan) leave......


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 Post subject: Re: BUDGET 2009
PostPosted: Fri Oct 17, 2008 7:57 pm 
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I particularly like the bit where they punish the ones who made the effort to get their own pension rather than relying on the state pension. Real class acts.

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 Post subject: Re: BUDGET 2009
PostPosted: Fri Oct 17, 2008 8:08 pm 
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whizzbang wrote:
I particularly like the bit where they punish the ones who made the effort to get their own pension rather than relying on the state pension. Real class acts.


Agree.. When I first heard about this issue I was sure I heard somewhere (radio/TV) that it would be designed to hit the pensioners who were essentially millionaires - I know that they too have paid their dues but really if you have money in this country you're all right Jack...

What I cannot get over is the basic math of it - that no-one looked and realised that 201.50 was LESS then the lowest state pension.


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 Post subject: Re: BUDGET 2009
PostPosted: Sat Oct 18, 2008 1:35 am 
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Here's a tip for you Brians & Marys -

People in their 70s who live on €10,500 pa are not millionaires.

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 Post subject: Re: BUDGET 2009
PostPosted: Sat Oct 18, 2008 10:53 am 
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HouseBuyer wrote:
If the young people of today could make as much noise as the pensioners, Tom Parlon wouldn't be getting our cash.


they area a divided bunch. Those who bought and those who havent yet.

We need to make it clear that this benefits FFs friends and nobody else. They are robbing our taxes and the taxes of those who have already bought and are under financial pressure.

We can put it this way:

Removed affordable housing full stop.
Temporarily, for a few years, increase mortgage interest relief.
Why dig out builders? Why not not those who have already bought?
Afterall the govt was advising and still are people to BUY!!

Of course Im opposed to interest relief and affordable housing schemes full stop.
Its a way of appealing to a wider audience


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 Post subject: Re: BUDGET 2009
PostPosted: Sat Oct 18, 2008 2:51 pm 
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Garret FitzGerald in today's times mentions that Lenihan has omitted the "usual" 1.75 Bn contingency from the budget this year, does this effectively mean that we're actually 1.75 Bn worse off than even the dodgy budget number would have us believe?

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 Post subject: Re: BUDGET 2009
PostPosted: Sun Oct 19, 2008 2:37 pm 
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Cowen delaying his trip to China until Tuesday. Expect big announcement tomorrow re Medical Card mess.


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 Post subject: Re: BUDGET 2009
PostPosted: Mon Oct 20, 2008 9:54 pm 
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Location: D4 hob-nob..ex Dublin NW sub-district Gurraland
onestepbehind wrote:
State Pension(Contributory) Weekly rate (maximum)
Personal rate, aged 66 - 80 €223.30

I think that what is being realised is that this "means testing" hid the real goal which was "abolishing" medical cards for over 70's. Their original threshold was 201.50, meaning that EVERY pensioner in the country was automatically excluded. They hid behind the "millionaires over 70" argument. There is a "marked" income difference here. Even with the new threshold of 240 (god bless them) it means that if a pensioner who on top of a state pension has a private pension then they have to go through the ordeal of completing paperwork. The ones who then have a small private pension but who are ill and on medication would also have to go through this ordeal and probably have to pay in the meantime to get their medication and wait weeks, months maybe before it gets sorted...... Shame on this government to treat our aged like this. To single out the most vulnerable people in society instead of protecting them.
In times like this it seems that the people who are greedy, misguided, and basically incompetent are left to destroy this country while the ones with some integrity (Joe Behan) leave......


Exactly. Pension rate is going up to €230 a week due to budget.

I've pointed this out on boards also, this affects my own mother who is a working class person all her life. She gets the huge sum of €37 extra per week from a private pension so she is €27 over the new €240 limit.

Its been a cynical ploy by FF to get the poorer elderly off the medical card and by god the poorest who are affected by this need it most. Needless to say, my Mam marched down to Pat Carey's office to give his secretary an earful as he wasn't around. Alot of her friends did also.

Oh and my mother and her elderly friends also voted FF in the last election on the basis of €300 a week pensions promise and they feel angry, bitter and betrayed big time.


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 Post subject: Re: BUDGET 2009
PostPosted: Sat Oct 25, 2008 10:44 pm 
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Quote:
Only one route out of this fiscal mess
October 25, 2008
http://www.timesonline.co.uk/tol/news/w ... 015057.ece

The bulk of goverment's economic adjustment has been through tax increases and not spending cutbacks

With the state’s finances in the mire, tough decisions need to be taken. So the display of anger that erupted last week when pensioners and students took to the streets might be considered a sure sign that the budget medicine dished out 12 days ago is having the desired effect. That would be the wrong conclusion, however. The truth is that the government, having belatedly realised the urgent need to extract itself from an exchequer mess largely of its own making, has miscalculated how that wrong should be righted.

When it announced that the budget was being brought forward to October from December, we identified the decision as a publicity stunt. The move, announced as national pay talks were reaching a conclusion, was designed to put manners on the trade unions by illustrating the serious nature of our plight. The 6% pay award subsequently agreed demonstrated what an empty gesture that proved.
>>>>

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 Post subject: Re: BUDGET 2009
PostPosted: Sun Oct 26, 2008 12:54 pm 
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Willie jumps to the defense of the most vulnerable...

Quote:

Full gravity of situation has yet to sink in - Sindo

The speed and ferocity of deterioration in finances means cuts and tax increases can't apply just to others, warns Willie O'Dea



By Willie O'Dea

Sunday October 26 2008

Politicians are often accused of being out of touch. They are not the only ones against whom this charge can be levied. In the run-up to the Budget, I encountered a number of prominent pundits telling me that the public were in the mood to accept a hard Budget.

As can be gauged from the depth of feelings expressed across a range of issues over the past few days, it is clear that the public are not in that mood yet. The gravity of the situation has not yet taken hold with the public psyche.

This is no reflection on the people concerned. The speed and ferocity of the change in our situation has been dramatic and without precedent. I am around long enough to remember Ray MacSharry's tough 1987 Budget. Back then the ground for the tough action had been prepared by the preceding five years of despair, unemployment and forced emigration.

...

It is a steep learning curve, but people will come to realise that every tax increase and every expenditure cut can't just apply to other people.

We will also have to abandon the great delusion that there is a legion of super billionaires who can bail us out by just paying higher taxes.

...


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 Post subject: Re: BUDGET 2009
PostPosted: Mon Oct 27, 2008 8:47 pm 
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Posts: 1801
Actually, I agree with Willie O'Dea - "taxing the rich" could be a strategy for national bankruptcy.

Unjust taxation of wealth will lead to a collapse in tax revenues as the rich jump ship. Many will simply buy a pad in
UK and move tax residency and capital there.

The hypocrisy surrounding the budget debate is hard to take. Politicians need to say out loud that we have an inefficent,
bloated, overpaid public service which has to be cut back.
We must incentivise wealth-producers to stay here and get on with their business, not pack up and leave.

Whining teachers are the worst. 80% of the education budget is on teachers salaries. If they cared, they would
take a pay cut in order to maintain or reduce class size. Hypocrites.

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 Post subject: Re: BUDGET 2009
PostPosted: Mon Oct 27, 2008 8:56 pm 
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Posts: 2067
bungaloid wrote:
Actually, I agree with Willie O'Dea - "taxing the rich" could be a strategy for national bankruptcy.

Unjust taxation of wealth will lead to a collapse in tax revenues as the rich jump ship. Many will simply buy a pad in
UK and move tax residency and capital there.

The hypocrisy surrounding the budget debate is hard to take. Politicians need to say out loud that we have an inefficent,
bloated, overpaid public service which has to be cut back.
We must incentivise wealth-producers to stay here and get on with their business, not pack up and leave.

Whining teachers are the worst. 80% of the education budget is on teachers salaries. If they cared, they would
take a pay cut in order to maintain or reduce class size. Hypocrites.


I only take issue with you on the wealth tax. Why not tax all citizens on their worldwide income and wealth irrespective of their place of residence, as the Americans do (for income tax), with offsets for taxes paid locally based on double taxation agreements? We follow the crazy British tax domicile and residency system which seems designed to encourage tax avoidance.

If we operated a citizenship-based tax system with suitable safeguards against avoidance through renunciation of citizenship, then tax exile would really mean that. You could never ever return, unless you were willing to face the music.

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 Post subject: Re: BUDGET 2009
PostPosted: Mon Oct 27, 2008 9:10 pm 
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Posts: 184
verbatim wrote:
Willie jumps to the defense of the most vulnerable...

Don't blame Willie. He tried to warn us before the election:

Image

"Beware parties now making promises"

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 Post subject: Re: BUDGET 2009
PostPosted: Mon Oct 27, 2008 11:17 pm 
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Joined: Jun 30, 2008
Posts: 490
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Septic Crank wrote:
I only take issue with you on the wealth tax. Why not tax all citizens on their worldwide income and wealth irrespective of their place of residence, as the Americans do (for income tax), with offsets for taxes paid locally based on double taxation agreements? We follow the crazy British tax domicile and residency system which seems designed to encourage tax avoidance.

If we operated a citizenship-based tax system with suitable safeguards against avoidance through renunciation of citizenship, then tax exile would really mean that. You could never ever return, unless you were willing to face the music.


Agree 100%.


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 Post subject: Re: BUDGET 2009
PostPosted: Tue Oct 28, 2008 5:46 pm 
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Home Wrecker wrote:
verbatim wrote:
Willie jumps to the defense of the most vulnerable...

Don't blame Willie. He tried to warn us before the election:

Image

"Beware parties now making promises"

I prefer this one.
Image

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