Blog Home  Bookmark and Share

Budget 2014 - Sharing the Pain?

| No TrackBacks

The budget indicated that national debt/GDP will remain north of an unsustainable hundred per cent for the foreseeable future. As a consequence, about half of all income tax will be used, possibly for rest of this decade, to meet interest charges on this debt notwithstanding an imminent exit from the bailout.

Against this background, there was no indication in the budget that any new sacrifices are being made by one of the best paid and pensioned cabinets in the world or by their overpaid advisers, senior public servants and wealthy supporters. Where are the moderate salaries, reasonable pensions and equitable taxation that might be reasonably expected as part of an austerity programme which, after several years, continues to be inflicted by the few on the majority?

Letter published in the Irish Times on 21st October 2013.

No TrackBacks

TrackBack URL: http://www.planware.org/cgi-sys/cgiwrap/bf/managed-mt/mt-tb.cgi/297

Monthly Archives

Powered by Movable Type 4.38

About this Entry

This page contains a single entry by Brian published on October 21, 2013 3:48 PM.

Budget 2014 - Income Tax Rates was the previous entry in this blog.

Lies, Lies and Statistics is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Top of Page