Austerity. What austerity?
While the rest of us are tightening our belts and getting prepared for even more austerity in the next two Budgets [at least] the Finance Bill 2012, to be published later today, includes major tax breaks to lure top earners here.
http://www.irishtimes.com/newspaper/...311465114.html
Are these tax breaks justified to lure senior executives from multinationals to Ireland given the hardship already endured, and still likely, by cutbacks in Social Welfare payments and other services, and extra charges applied all over the place to the rest of us? Particularly, as the Irish Times article points out:
the financial services industry has been lobbying for a low threshold so that it would apply to entire project teams and not just the most senior executives.
Jobs - at what price?



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