Jack O'Connor on Radio calling for higher taxes

[dub14]

How about somebody who has 30k in savings uses it as a deposit, rents out the house to meet the mortgage payments so that when they are 65 the mortgage is paid off and the rental income will be their sole source of income (beside the state pension) are they parasites?

Absolutley. At the moment many of us fire money into pension schemes with no control on how it will perform. The reality these days is that many have taken huge hits. The above scenario allows someone to take some semblance of control over their own pensions. At least they get to mange the pension fund themselves so to speak rather than throwing money down a black hole.
They get to choose the location, mange the property, fit the place out, fix the rent and all these things that actually determine the rental income. I'm only jealous to be honest !!!

[toughbutfair]

Is that hippo driving up the price of housing so that the bird can't afford one? If so it is not a mutually benificial relationship.

How is a landlord buying a property in Dublin and renting it out to students from Offaly a parasite. The Offally students have no intention of buying in Dublin so both landlord and tennant get what they want?

[Monkey-Magic]

How is a landlord buying a property in Dublin and renting it out to students from Offaly a parasite. The Offally students have no intention of buying in Dublin so both landlord and tennant get what they want?

All universities should have state built accomodation to rent to students rather than allow them to be ripped off by scummy landlords.

[20000miles]

All universities should have state built accomodation to rent to students rather then allow them to be ripped off by scummy landlords.

Your apologetics for statism is disheartening. You're a vulgar communist.

[anewbeginning]

Tax cuts are what are needed in a downturn to stimulate the economy.

Correct.

Unfortunately Cowen has no interest in stimulating the economy or getting people employed.

All FF and Cowen care about is making sure the developer debts owed to Anglo Irish Bank are taken care of, I suspect because Anglo has Fianna Fail over a barrel and no where all the dodgy bank accounts are and all the corrupt payments were deposited for fianna fail politicians.

[toughbutfair]

Correct.

Unfortunately Cowen has no interest in stimulating the economy or getting people employed.

All FF and Cowen care about is making sure the developer debts owed to Anglo Irish Bank are taken care of, I suspect because Anglo has Fianna Fail over a barrel and no where all the dodgy bank accounts are and all the corrupt payments were deposited for fianna fail politicians.

I think Ireland is too small and in too much debt to create a stimulus. I agree with the government that a mixture of tax rises and spending cuts are needed (though I disagree with their emphasis on tax)

[toughbutfair]

All universities should have state built accomodation to rent to students rather than allow them to be ripped off by scummy landlords.

How about the people that come to Dublin and planned to work for a couple of years, make some money and move home. They have no intention of living here long term and need some place to rent?

[mmrebel]

. As for rented accomodation, the state should build thosands of high quality houses and apartments that can be rented at the cheapest possible price.

Your a bloody developers wet dream , or are ye just soliciting donations ?

[toughbutfair]

The last budget was a tax raising one - they took an extra 4k a year from me. They cannot continue this steep curve so spending cuts is the only option left.

[atlantic]

We can,t print money so no stimulus,the ECB are working the printers ,loaning out billions to our banks to buy government debt ,nice earner for the banks and taking government out of a hole ,but nothing in it for the real people that matter only more taxation to pay the interest.
Isn't this a great little country that we put up with this carry on.

I think Ireland is too small and in too much debt to create a stimulus. I agree with the government that a mixture of tax rises and spending cuts are needed (though I disagree with their emphasis on tax)