His government want a blank cheque through water charges and property tax. Rich people are rich because they keep their money. I work for rich people and it is like pulling teeth trying to get them to pay their fair share. There is no trickle down theory. That is a myth. Rich people can give up a small portion of their wealth for the country that has allowed them to be rich. But FG is a party for the rich.

Fianna Fail & FG’s tax cuts failed the economy and industrial bankruptcy. These tax breaks must expire asap In order to keep 90% people able to buy, keep their tax level and thus help the economy grow back. No different to G.W Bush policies.

They want the ordinary people to pay property taxes instead of introducing a wealth tax on the top 10%. Since the 1980’s, taxes on the top 10% have been falling due to tax breaks such as:

- the double Irish arrangement tax scheme
- the tax break on group companies
- the tax rebate on company cars
- the low dividends tax

Its not a lack of reality its a distortion and manipulation of reality

Let’s see…

Fianna Fail also wanted no debt ceiling imposed on their administration. They wanted to place taxes on the middle class and low that would almost certainly increase unemployment and very possibly send the country back into recession. Kenny wants no changes to the top 10% wealthy or the Promissory Note, ensuring that these programs will continue on their path to bankruptcy. And he wants an additional “stimulus” appropriation, which based on past experience (think car stimulus, Fianna Fail, etc) means money to give to his large donors.

Pearse Doherty is recommending a form of revenue that will have much less impact on the still fragile recovery from the most prolonged recession since the great depression, and which will not impact job creation. He is recommending steps that would slow down the impending bankruptcy of Healthcare and Education. And he is retaining oversight over spending by opposing to give our profligate Taoiseach a blank check to Banks.

Now that the elections are over, Mr. Kenny has taken a hard right turn, back to his roots, completely ignoring his campaign rhetoric. To suggest that Fianna Fail are better ignores the facts on the ground.

The USA had a top tax rate of 90% for decades and we never lost a Rockefeller because of it.

So I’ve looked into this. Do you know how many people in the US paid that much in taxation during that time?

236. 236 people paid the top rate. The rest was tax exemptions.

Taxation is detriment to economies and freedom. Nobody seems to get this.

Get over it. 236 people. No one works for 10c on the dollar. Would you?

Anybody earning over €100,000 should be taxed at the 90% rate. That way everybody gets a chance in life. My dreams have been stolen by the rotten few in this country and damn right I’m bitter about it!

Indeed, if we had maintained a top tax rate for years for those who
can well afford it (the key being maintaining that) to include our own
little Rockefellers, that would have helped dampen the property bubble
rather than introducing new taxes later on afterwards post property purchase frenzy up to 2008. The problem as I see it in this country is an increase in taxation year after year for people without a corresponding additional source of additional revenue for people and moreso for the economy as a whole. If we want economic growth we have to grow revenue for the economy in net terms and that will have to come from outside Ireland. At this stage, we have to look forward and decide what we can do to make things better, get cash into our economy (verus loans), invest in our education system and SMEs that have potential to generate revenue and jobs, develop and provide the key skills (many still in shortage including IT and language fluency) so as to be seen as the place to do business on the global stage.

Everything is better when Jonny Cash is playing in the background!!

Enda the feckin Grinch!!!