IBEC seeks 3% cut in welfare payments

[Question R24U]

The people who benifited from the celtic tiger are the ones who should now pay for the celtic carcus.

The same people who always paid will continue to do so -the private sector PAYE workers - aka the Shamrock Lemmings (is that getting too like david mcwilliams?). Does any party represent these people well? I don't think so.

[anlkestony]

IBEC are leeches who want to suck the blood of the lower classes in Irish society.

[adrem]

The people who benifited from the celtic tiger are the ones who should now pay for the celtic carcus.

Everyone benefitted from the celtic tiger - income taxes were reduced massively across the board, welfare payments were increased massively across the board, state pensions were increased massively across the board, pay was increased massively across the board.

Sure profit also increased massively and wealth increased massively too - I'm not suggesting we ignore that fact . . . but let's not forget the other facts also.

[Kevin Doyle]

Employers' body IBEC has called for social welfare payments to be reduced by 3% in next week's Budget.

More from RTE.ie...

Of course, its what they do.

[Big Bobo]

Everyone benefitted from the celtic tiger - income taxes were reduced massively across the board, welfare payments were increased massively across the board, state pensions were increased massively across the board, pay was increased massively across the board.

Sure profit also increased massively and wealth increased massively too - I'm not suggesting we ignore that fact . . . but let's not forget the other facts also.

Some people benifited alot more than others and the budget should reflect that.

[petervalhala]

That is not enough. We need to cut and reform social welfare for two reasons- 1. We can't afford to pay 21bn in social welfare when revenue receipts are 34bn and 2. The 50 plus Social welfare programmes result in utter dependence on the state for those trapped by it.
It should be replaced by a lower paid Basic Income payment without conditions, except for residence, for those who do not pay income tax eg back to education and training restrictions lifted. Ditto on starting new businesses.. It would also reduce the need for over 2000 administrators.

I agree

I would suggest INCREASING Job Seekers Benefit to approx €300 per week and keep it at that level for 3 years, this will help those who have worked, want to work but have lost their jobs, then DECREASE Job Seekers Allowance to approx €66, i.e. UK level; so that those who have never worked now have the incentive to actually seek work

[ANY1]

Agree with you, why cut social welfare, when most of the people on it now are people who have worked all their lives and paid taxes mostly at the higher rate and now they are reduced to living on €204 a week due to no fault of their own. This will be a disgrace if they cut social welfare. People are living in fear of losing jobs and this is what they have to look forward to. People who have paid into this should not be punished for the big wigs mistakes.

[ivnryn]

Those vouchers can be used only to pay taxes(corporate and income for employees) in rate one to one. If somebody want to make a market and sell those vouchers to companies to pay taxes, it is fine.

The market value of those vouchers would be 1:1. Even if 100% of SW was in vouchers, the government taxes in more in taxes than is given out for SW.

Buy Irish vouchers would violate EU law anyway. You could probably get away with it by requiring purchases to be made in Ireland. This would help with the fraud.

Ofc, since they can be used in Ireland, people could accept them for payment in other EU countries and then sell them to Irish people.

[goosebump]

IBEC are leeches who want to suck the blood of the lower classes in Irish society.

Yeah, employers are bsatards...we'd be far better off if we didn't have any employers at all.

[bormotello]

The market value of those vouchers would be 1:1. Even if 100% of SW was in vouchers, the government taxes in more in taxes than is given out for SW.

No, voucher can be used only to taxes to government. What is the reason to buy vouchers 1:1 if you can pay taxes by cash without any extra transaction? It will make sense only if you could save more then extra transactions. I would estimate that less then 0.7.

Buy Irish vouchers would violate EU law anyway. You could probably get away with it by requiring purchases to be made in Ireland. This would help with the fraud.

I know.
But if it will be worded properly, EU can spend five years, trying to proof that it is wrong.
For example
Can Ireland reduce welfare payments without EU permission? – Yes
Can Ireland compensate reduction of welfare by vouchers? – Yes
Can Ireland stimulate own economy, as France or other EU country? – Yes

Those vouchers are only to help unemployed people. Those vouchers is not a parallel currency (officially).
Must be list of companies, which can accept those vouchers. Those companies must hire only people, which are recipients of Irish welfare, to prevent influx of extra eastern-europeans. Local eastern-europeans can be accepted, because they will be removed from dole.
I would estimate that taxes will be reduced by 5Bn, but welfare bill also will be reduced by the same amount. But you will start to get less people on welfare. So – in one stage it will start to make a profit.