Brian Lenihan - "Tough budget on the way"

[anewbeginning]

Brian Lenihan was on a panel earlier and he said the focus now was on a tough budget later this year.

It is believed the government want to raise taxes by another 4 billion on a diminishing base of taxpayers.

That will be 1000 Euro for every man, woman and child.

I expect the burden to fall on workers most of all, and other indirect taxes.

The government have to raise it some way, and I believe the raised money will go towards our increased debt servicing requirements.

I am expecting the 2% levy to go to 4%. I also think there will be a property tax. Car tax will probably go up.

Expect 1500 extra to be taken from your pay packet over the year or 120 a month.

And next year will be just as bad with two budgets, requiring about 7 billion in new taxes. By the end of 2010, the average worker will be paying extra taxes of at least 3000 a year or about 280 a month.

If you are earning 2500 net a month now, by the end of 2010, you will be earning 2000 a month.

And most of it will be going to pay for the carnage of the property bubble and rogue property developers.

[toxic avenger]

He said this after the election? That's strange...

[mothball]

Perhaps, he was feeling cornered and wanted to lash out and tell people that he hasn’t be dissuaded from ruining everyone’s life.

[FakeViking]

He said this after the election? That's strange...

Steal a loaf from Dunnes, get three months in jail.

Steal billions, get an enormous guaranteed pension.

[garlandgreen]

More sexy Lenihan Levys?

[He3]

Steal a loaf from Dunnes, get three months in jail.

Steal billions, get an enormous guaranteed pension.

That's far too simplistic. Isn't it?

[bazlad]

He said this after the election? That's strange...

nothing strange about FF withholding the truth, committing perjury, etc............

[uriah]

Brian Lenihan was on a panel earlier and he said the focus now was on a tough budget later this year.

It is believed the government want to raise taxes by another 4 billion on a diminishing base of taxpayers.

That will be 1000 Euro for every man, woman and child.

I expect the burden to fall on workers most of all, and other indirect taxes.

The government have to raise it some way, and I believe the raised money will go towards our increased debt servicing requirements.

I am expecting the 2% levy to go to 4%. I also think there will be a property tax. Car tax will probably go up.


Expect 1500 extra to be taken from your pay packet over the year or 120 a month.

And next year will be just as bad with two budgets, requiring about 7 billion in new taxes. By the end of 2010, the average worker will be paying extra taxes of at least 3000 a year or about 280 a month.

If you are earning 2500 net a month now, by the end of 2010, you will be earning 2000 a month.

And most of it will be going to pay for the carnage of the property bubble and rogue property developers.

I suppose the idea is that he may as well be hung for a sheep.....

Perhaps he's angry with us for being bold and he's going to send us to bed without a supper / cancelling christmas/ taking away our toys/ grounding us

Just to show us who has the power

[Utopian Hermit Monk]

Maybe next time he won't be able to boast that the rest of Europe is amazed because we aren't all out on the streets rioting.


.

[Disabled student]

I guess that Brian knew that tough budget on the way before the elections.

Still he kept his own mouth re tough budget before it as it showed he has shown contempt for voters.

After today elections, he is sneering at the voters by saying tough budget on the way as a punishment for voters!!!!