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Thread: Four year adjustment

  1. #1
    Politics.ie Member hammer's Avatar
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    Default Four year adjustment

    Could be quite an interesting document if they propose cutting PS pay & pensions in future years. Should be a good read. Might annoy some Unions in 30 days though.

    Does anyone seriously think that next years adjustment of 4 billion will not involve PS pay cuts especially after all the tax increases in this years budget & budget 2011

    Scary 30 days ahead. How will it be spun

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    Politics.ie Member hammer's Avatar
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    How will they announce PS pay cuts over the next 3 years?

    Will it cause widespread revolts?

    4 year plan, is just that. A four year plan with DETAIL

  3. #3

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    Quote Originally Posted by hammer View Post
    How will they announce PS pay cuts over the next 3 years?

    Will it cause widespread revolts?

    4 year plan, is just that. A four year plan with DETAIL
    They will say cuts in overall pay bill of X billion must be achieved either with CPA(which they know is unlikely) or direct cuts in numbers and pay if CPA doesnt deliver.

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    Politics.ie Member hammer's Avatar
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    It may also highlight to business people and home owners that there goose is well and truly cooked. It may help tax planners & their business.

    If property tax amounts are mentioned with the likelihood of the banks passing on increased variable mortgage rates it may highlight to people that they cannot afford to live where they currently live.

    Increase in top rates of taxes might make the richer elements of society to move their business structures abroad etc..........

    16 billion adjustments over 4 years.

    It will be devastation.

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