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About LinkBacksTax revenues down €3.3billion YTD. Deficit now €7.3billion compared to €3.7billion April 08. VAT is now down over €1billion compared to the first 4 months of last year.
http://www.finance.gov.ie/documents/...heqstatapr.pdf
Tax revenues down €3.3billion YTD. Deficit now €7.3billion compared to €3.7billion April 08. VAT is now down over €1billion compared to the first 4 months of last year.
http://www.finance.gov.ie/documents/...heqstatapr.pdf
It's not news anymore...
Poor RTE are now looking around for someone to cover the story for them.
No, its just a farce.
was just about to post about this myself.
its up on the reuters site too. with all the hubub about lee everyone seems to have takine the eye off this, reuters mentions broadening of the tax base in 2010 and 2011 too.
Good day to bury bad news.Originally Posted by constitutionus
If the banks are out for a bail,
and Lenny's efforts end up as a fail,
when the Somer does come,
to the Country they'll run,
And leave a Fine mess for the Gael.
Endinf the one Party (FF) state:
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The latest figures from the Department of Finance show that there was an Exchequer deficit of €7.3 billion for the first four months of this year. This compares with a deficit of €3.7 billion in the same period a year earlier.
Total tax receipts are down almost 24% from a year earlier at just over €10 billion. The Government said earlier this year it was expected a drop of 16% in tax revenue for the whole of 2009
RTÉ Business: Tax take down 24% for four months
surprise surprise government figures were wrong again 8% difference when it comes to that amount of money is serious have they got mystic meg predicting the figures ?
Just want to ask do ye think, that if VAT was reduced would it have helped to improve the figures. just listening past Last word podcast with Brian Lenihan saying that it would have made not difference and about two months ago he say that his biggest mistake was raising the vat rate
Politicians are one trick ponies. Everyone knew raising taxes means less revenue but they can not help themselves. Idiots in the left wing parties will actually totally ignore this reality
The bastards even changed the format of the pdf document title to prevent cute hoors like myself having an early view.
KN - can you ressurect the 2009 thread that we had for the previous months.
There are times when you are simply required to be impolite. There are times when condescension is called for!
- Aaron Sorkin writing as President Bartlet to Obama, NYT 21/09/2008
You can't build a smart economy based on dumb decisions.
- Richard Bruton 18/12/2008
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