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 Post subject: Re: Budget 2019
PostPosted: Mon Aug 06, 2018 9:18 pm 
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Holiday Home Owner

Joined: Sep 9, 2017
Posts: 302
Well too late, Ireland's role as an up and coming population factory for the over burdened states of the EU has been well laid out. (indeed, one could argue it was the major contributory factor behind the 2008 bust, and the bond holder bailout). The population growth just keeps on giving, it certainly would hit 5 million by the next census.

Quote:
Ireland's population growth five times EU average

Thursday, July 12, 2018
Seán McCárthaigh

Population growth in Ireland was more than five times the EU average in 2017, new figures have revealed.

The total number of residents in the Republic rose by 53,900 last year to almost 4.84m — an annual increase of 1.1% compared to the EU average of 0.2%.
It was the fourth highest rate of population growth within the EU during 2017, although Ireland still had the highest birth rate of any EU member state with 12.9 births per 1,000 population.

Only Malta, Luxembourg, and Sweden have experienced higher rates of population growth — a factor largely due to the impact of immigration in those countries.
Excluding the impact of immigration, Ireland had the highest rate of natural increase (an excess of births over deaths) in its population in the EU last year, at a time when many other countries are experiencing a decline.
Deaths now outnumber births in 13 EU member states including Germany, Italy, Spain, and Finland, with the EU’s overall natural population falling.
As a result of having the youngest population of all Europeans, Ireland also retained its position as having the lowest death rate in the EU, with 6.3 deaths per 1,000 population last year compared to the EU average of 10.3 deaths per 1,000.
Overall, the population of the EU increased during 2017 from 511.5m to 512.6m – an annual increase of 0.2%.
The CSO has projected that Ireland’s population will continue to grow until 2051 when it will reach almost 6.7m.


https://www.irishexaminer.com/ireland/irelands-population-growth-five-times-eu-average-472747.html


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 Post subject: Re: Budget 2019
PostPosted: Tue Aug 07, 2018 11:08 am 
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Under CAB Investigation

Joined: Jun 16, 2007
Posts: 2978
Location: Oighearland
Govt needs to recoup taxes from low-emissions vehicles.

LOL, the govt was never in it to reduce tax take from motor propelled vehicles.

Carbon tax needs to go.

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 Post subject: Re: Budget 2019
PostPosted: Mon Aug 13, 2018 2:41 pm 
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Of Systemic Importance
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Joined: Aug 20, 2009
Posts: 5192
Budget 2019: Cut stamp duty on sites for first time buyers

https://www.irishtimes.com/business/fin ... -1.3594670


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 Post subject: Re: Budget 2019
PostPosted: Wed Aug 15, 2018 9:12 am 
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Posts: 5192
Fianna Fáil calls for €100m affordable housing scheme in budget

https://www.irishtimes.com/news/politic ... -1.3594010


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 Post subject: Re: Budget 2019
PostPosted: Wed Aug 15, 2018 9:50 am 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6007
Location: SthDub
And Willie O'Dea wants the OAP raised by €5 per week again
http://newsworldlatest.com/ffs-willie-o ... -heats-up/
Quote:
With dissent growing within Fianna Fáil, Mr O’Dea has decided to ignore the instructions of his party leader Micheál Martin and demand a “fiver for all”.

He is publicly calling for every welfare payment, apart from the Jobseeker’s Allowance, to be increased next year.


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 Post subject: Re: Budget 2019
PostPosted: Tue Aug 21, 2018 9:10 am 
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Of Systemic Importance

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Location: SthDub
A sure fire vote winner for FG! Regina will need to be called in again by Leo and given anther lecture on how to win elections

Tax plan to hit squeezed middle for extra €250
Workers facing PRSI increase to boost welfare payments pot
https://www.independent.ie/business/per ... 27765.html


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 Post subject: Re: Budget 2019
PostPosted: Tue Aug 21, 2018 10:10 am 
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Too Big to Fail
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Joined: Mar 7, 2012
Posts: 3356
Location: Lovely Leitrim
FreeFallin wrote:
A sure fire vote winner for FG! Regina will need to be called in again by Leo and given anther lecture on how to win elections

Tax plan to hit squeezed middle for extra €250
Workers facing PRSI increase to boost welfare payments pot
https://www.independent.ie/business/per ... 27765.html


That should probably also be in the Unaffordable Welfare state thread also - god forbid we actually look at how we spend the money.

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 Post subject: Re: Budget 2019
PostPosted: Tue Aug 21, 2018 1:22 pm 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6007
Location: SthDub
So a 55% marginal rate on income above 80k. Fek it, round it to 60% and just be straight up about screwing the golden goose

Budget 2019: New 43% income tax rate could raise €433m
Revenue has calculated yield of third tax rate on those earning €80,000 and more
https://www.irishtimes.com/business/eco ... -1.3602449
Quote:
The study shows that the introduction of a third rate of tax of 43 per cent on earnings above €80,000 could yield €433 million in a full year. Levying the rate only on earnings of more than €120,000 would yield €280 million, it says.
An individual currently earning €100,000 pays €38,801 in income tax, but if a rate of 43 per cent kicked in on earnings of €80,000 and more, they would pay a further €600 in tax.
ntroducing a 43 per cent rate could bring the top tax rate levied on PAYE workers into line with that paid by the self-employed, who currently pay a three-percentage-point universal social charge surcharge on incomes of €100,000 and more.


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 Post subject: Re: Budget 2019
PostPosted: Tue Aug 21, 2018 2:13 pm 
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Joined: Jun 16, 2007
Posts: 2978
Location: Oighearland
what is the valiidity that the PRSI increases are due to increase in those being declared "self-employed" by companies.

I wonder if those on income tax exemptions above 100k will be liable for the new tax?

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 Post subject: Re: Budget 2019
PostPosted: Tue Aug 21, 2018 9:15 pm 
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Joined: Apr 4, 2008
Posts: 2570
what would a reduction in tax free allowance or an increase in the 20% rate raise?

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Borrowers seeking mortgages have had to resort to saving deposits, forcing many to sit by and watch house prices tumble without being able to do anything about it. Sunday Independent - June 1 2008

I know a lot of them, like [Jimmy] Flynn, [Noel] O’Flaherty and the Baileys. You meet the Baileys at Croke Park every time you go there. You can’t avoid getting a slap on the back going in from them. Most of these guys lost their shirt. I feel sorry for them - Bertie Ahern


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 Post subject: Re: Budget 2019
PostPosted: Wed Aug 22, 2018 12:17 pm 
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Old Time Landlord

Joined: Jan 31, 2007
Posts: 370
Location: Middle Earth
Renting And Proud! wrote:
what would a reduction in tax free allowance or an increase in the 20% rate raise?


An election.

Have you no concern for "the most vulnerable in society"


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 Post subject: Re: Budget 2019
PostPosted: Wed Aug 22, 2018 8:54 pm 
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IMF'd

Joined: Sep 13, 2007
Posts: 31841
Location: Tullamore
owenm wrote:
Renting And Proud! wrote:
what would a reduction in tax free allowance or an increase in the 20% rate raise?


An election defeat.

Have you no concern for "the most vulnerable in society"

FTFY...

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 Post subject: Re: Budget 2019
PostPosted: Wed Aug 22, 2018 9:19 pm 
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Property Magnate

Joined: Aug 12, 2009
Posts: 504
On a slight aside, Revenue has published individual gross earning stats for the first time.

Here's a handy summary from a reddit post

https://www.reddit.com/r/ireland/commen ... r/e4mo5h8/


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 Post subject: Re: Budget 2019
PostPosted: Thu Aug 23, 2018 12:34 pm 
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Of Systemic Importance
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Joined: Aug 20, 2009
Posts: 5192
bokonon wrote:
On a slight aside, Revenue has published individual gross earning stats for the first time.

Here's a handy summary from a reddit post

https://www.reddit.com/r/ireland/commen ... r/e4mo5h8/


interesting reading


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 Post subject: Re: Budget 2019
PostPosted: Tue Sep 04, 2018 8:53 am 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6007
Location: SthDub
This one will surely rouse many Pinsters to the FF cause....rise and follow Micheál

Tax break plan for landlords to encourage longer leases
https://www.independent.ie/irish-news/t ... 80238.html
Quote:
One suggestion currently being teased out by Fianna Fáil is a proposal to provide tax rebates for landlords who provide their tenants with long-term leases.
The rebates would apply to individual landlords and would go some way to addressing the differences between the tax treatment of corporate landlords and individual property owners, according to a party source.
It is understood a detailed submission on housing will soon be completed and will decide how much of a carrot landlords will be offered.
One approach being explored is that a landlord who provides, for example, a five-year lease would be able to be given a tax rate in one band, while a 10-year lease would allow the landlord to get a higher rebate.


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