QuoteCut from the same anti union (and by extension worker) cloth anyway, so the point still stands. The Indo's anti union history goes back a lot further than the pair of them anyway.Originally Posted by dahamsta
The Independent group is essentially controlled by O'Brien now, although it's been suggested - by The Phoenix, so pinch of salt - that O'Brien and O'Reilly have declared a truce.
Cut from the same anti union (and by extension worker) cloth anyway, so the point still stands. The Indo's anti union history goes back a lot further than the pair of them anyway.
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
A friend of mine who works in a financial institution has always pointed out that however much someone in government is paid to come up with a law there's 4 or 5 people who are paid much more working on ways to get around that law for themselves/their company.
The most leaked budget ever is here, not going to be too many surprises.
http://www.irishtimes.com/newspaper/...260356458.html
The biggest item in the budget will be €1.3 billion in pay cuts for the public service, ranging from 5 per cent for those on average pay to 15 per cent for those at the most senior level in the public service. Ministers will also take a 15 per cent pay cut while the Taoiseach’s pay will be reduced by 20 per cent.
The cuts in social welfare rates will range from about 4 per cent for those claiming jobseekers’ allowance to 10 per cent in child benefit.
Cuts in disability benefit and carers’ allowances are expected to cause most political difficulty for the Government but all of the welfare cuts are expected to generate controversy.
One group who will be exempt from cuts are pensioners. Government sources have made it clear that the old-age pension will not be touched by the welfare cuts.
The pensions of retired public servants and politicians will be exempt from cuts in line with pay, although they were tied to pay increases on the way up. It means that public service pensioners on full entitlements will now have close to 70 per cent of the salaries paid in their former grades.
The capital budget will also suffer a cut of close to €1 billion although the Minister will point to declining tendering prices as an indication that the impact on planned projects will not be as severe as might be feared
This will involve an increase of about five cent in a litre of petrol, €54 in 1,000 litres of home heating oil, 48 cent on a bale of briquettes and €56 on a tonne of coal.
Income tax rates are not expected to change and there is also expected to be minimal change in tax bands or credits, although Mr Lenihan has been pointing to the fact that leaving bands and credits alone will mean that about 50 per cent of the workforce will be entirely out of the income tax net.
The pensions of retired public servants and politicians will be exempt from cuts in line with pay, although they were tied to pay increases on the way up. It means that public service pensioners on full entitlements will now have close to 70 per cent of the salaries paid in their former grades.
think this part of it is a bit unfair , pensions went up in the good times but now wont be touched , 70% of your finishing salary is a fair wack alright , i know people will says its unfair to hit the pensioners but what goes up must come down
everything else i think is fair in the climate were in today .
Last edited by dahamsta; 09/12/2009 at 9:16 AM.
70% of a salary in this day and age from the state is far too high a figure to be sustainable in the longer term.
Its a maximum of 50% of their finishing salary. The above article opines that the pension would be 70% of the equivalent new pay scale. For that to happen we're talking about only the very high earners. For someone to finish on 60k a year, their pension would be 30k per year now. For it to reach 70% the pay sclae would have to drop to 43k.
Fairly annoying how papers use the high earners as standard, even when they all agree that 15,000 of the 315,000 public servants earn over 100k
Not to mention that the state pension contributes to a public servants pension
Last edited by Dodge; 09/12/2009 at 8:16 AM.
54,321 sold - wws will never die - ***
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In Trap we trust
An article by David Begg expounding the opinions of a Credit Suisse boss, in the Independent. I'm not sure people should be allowed to read it.
That is why I I think David Begg is credible and should be taken seriously. As he is not some guy who hangs on to old cliches or ideologys. He comes across as very practical and reasonable in my view.
In Trap we trust
Dude, he's channelling a bank boss. In the Indo.
It is reported in various places that excise on alcohol will be reduced in the budget. Much as I enjoy a pint, this seems like a daft move in an almost broke country with serious issues with drink.
#NeverStopNotGivingUp
Just been talking about this (ranting) in the office it's appalling, truly sickening, the single most damaging drug in the country and it seems to be about the only thing getting cheaper in this budget.
If there was ever any doubt that vintners and developers run the country this budget will be the definitive proof.
[SIGPIC][/SIGPIC]
Tallaght Stadium Regular
Its an attempt to stop people shopping over the border . Most people are going for the booze. The argument is that it will bring in more money and help raise revenue.
If that is the case then it should only apply to off sales and not pubs (which very few people cross the border for)... can't see that being the case.
#NeverStopNotGivingUp
The proposed 25c cut wouldn't make any noticeable difference to the savings that can be made on off licence booze across the border from what i can see. I really can't see it as anything but a sop to the publicans.
Upwards to the vanguard where the pressure is too high.
So far my reaction is ouch!
Hitting the low an middle incomes more than expected I think, I'd expect a big reaction from the unions of the lower paid, it's not going to be pretty.
[SIGPIC][/SIGPIC]
Tallaght Stadium Regular
JA/B Rates:
Age 21 and below: €100 per week
Age 22-24: €150 per week
Above 25 standard rate: €196 per week
Last edited by mypost; 09/12/2009 at 3:27 PM.
http://www.rte.ie/news/2009/1209/budget2010_main.html
Main Points
•Dole payments cut by €8 a week (with additional cuts for under 23s)
•Child benefit (lower and higher rate) reduced by €16 per month
•Excise duty on alcohol reduced - 12c cut on beer and cider, 14c cut on a measure of spirits, 16c cut on a bottle of wine
•No change on tobacco tax
•50c charge for every medical card prescription from April
•Carbon tax of €15 per tonne
•Hospital consultants will see their pay cut by up to 15%
•Irish domicile levy of €200,000 per year for high net worth individuals
•New 'universal social contribution', which will replace employee PRSI, the Health Levy and the Income Levy
•Public servants' pensions to be linked to average salary across career, rather than final salary
•Taoiseach's salary to be reduced by 20%
•Mortgage interest relief - Extended to 2018 for those who now find themselves in negative equity
•Flood relief - More than €70m to be given to help victims and stop future floods
•Taoiseach's salary to be cut by 20%
•National Solidarity Bond aimed at small investors to be launched
About right id say
saving about 3.5million a week on that alone
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