Income tax increases ‘not ruled out’ for December budget – Noonan
Michael Noonan tells the Dáil that the prospect of increasing income taxes for the first time in years isn’t off the table.
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Michael Noonan tells the Dáil that the prospect of increasing income taxes for the first time in years isn’t off the table.
The minister for social protection Joan Burton has accused the previous government of not being “upfront” about how savings were going to be made.
The Department of Education tells principals that temporary jobs – many of which are already filled – will be reassigned.
Fianna Fáil, Labour and Sinn Féin will talk economic policy today, after Fine Gael yesterday unveiled its five-point plan.
Three months ago the Central Bank thought the economy would grow by 2.4 per cent in 2011 – now it’s just 1 per cent.
The government will be allowed to appoint new managers, sack directors, and stop future bonuses under a new Bill.
Brian Lenihan expected to set out the harshest budget in the country’s history this afternoon.
Group of MEPs are pushing for Ireland to double the rate to 25%. Gay Mitchell calls on fellow MEPs to show sensitivity to a country facing serious cutbacks.
Mary Coughlan says the €1/hr cut to the minimum wage was the government’s own choice – contradicting John Gormley.
Éamon Ó Cuív says that people who refuse community work or training courses will see their benefits cut from next year.
A timeline of the government’s four year plan.
The Four Year Plan comes to the Dáil, the state considers a second bad bank, and North Korea finds an unlikely ally.
Taoiseach discusses the government’s four year plan, and dismisses Fianna Fáil TD Sean Power’s claims he will step down before next general election.
A group of MEPs from Green and Socialist groupings propose a motion hoping to double the 12.5% tax rate.
Minister for Finance refuses to EU/IMF negotiation tactics, and says the salaries of TDs and ministers correspond with those of other small countries.
Fine Gael says it has received confirmation from the European Commission that it is not bound by the Four Year Plan.
The American Chamber of Commerce says the commitment not to raise corporate tax will encourage investment.
The Mandate trade union blasts the “double whammy” of cutting wages for the worst off, while also taxing them.
The government’s budgetary strategy will either set the country straight, or cripple economic development. Which is it?
The four year plan is here – and it’s not going to be pretty. Social welfare will be savaged, with big income tax hikes.
Business Insider’s Joe Wiesenthal isn’t impressed – cutting that much couldn’t possibly grow the economy…
Four year plan unveils property tax will which apply to some 1.8m households.
Government won’t reveal details of overall €15bn adjustment until closer to December Budget.