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Thread: SIPTU Propose keeping bubble era pay & instead taxing the wealthy AND a stimulus

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    Politics.ie Member cyberianpan's Avatar
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    Default SIPTU Propose keeping bubble era pay & instead taxing the wealthy AND a stimulus

    Oh yeah, and they want to fund a stimulus to boot :

    SIPTU proposes alternatives to Croke Park cuts - RTÉ News
    SIPTU President Jack O'Connor has proposed that €1bn worth of savings could be achieved through the proceeds of the promissory note deal and increasing taxes on the wealthy.

    ...
    He believes proper use of this funding, along with a "significant off balance sheet stimulus programme"
    The stimulus is directly connected with wanting to keep bubble era pay - this is as Siptu clearly believe that the economic output of the Celtic Tiger years were justified and need to be returned to. Also the call for stimulus will go down well with Labour backbenchers so things could get very messy ahead. Fact is our Public Sector workfare programme is already a massive stimulus , funded as it is by borrowing.


    cYp
    "Yawn , am I alive yet ?"

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    Politics.ie Member firefly123's Avatar
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    Stop talking jack. For the love of god will you stop!
    Clearly flailing about desperately trying to appear relevant. He is a liability to the unions at this stage in my opinion.
    Life is hard
    That's why no-one survives

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    This is the rat O'Connor trying to save his skin after attempting to walk his members into a bad deal.

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    Politics.ie Member Clanrickard's Avatar
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    Voodoo economics SIPTU style.

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    Quote Originally Posted by Levellers View Post
    This is the rat O'Connor trying to save his skin after attempting to walk his members into a bad deal.
    And have no doubt that the reptile will do his best to walk us into another one!

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    Politics.ie Member H.R. Haldeman's Avatar
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    Some context:

    By these figures, the richest 10% of households pay almost 40% of all receipts from income tax, VAT, USC and PRSI. The second richest 10% pay a further 20%. Each of the poorest five deciles contributes less than 5% of all tax receipts – their combined contribution is just over 10%.
    Paying tax in Ireland: Where the richest (and poorest) pay | Ronan Lyons

    Those figures are from April 2012, so Budget 2013 isn't allowed for. But in digestible form those stats are:

    Top 10% pay: 40% of tax
    Top 20% pay: 60% of tax
    Btm 50% pay: 10% of tax

    And from the Front Line Alliance, their own figures on certain incomes:

    Psychiatric Nurse
    €48,860

    Staff Nurse
    €49,501

    Garda
    €54,954

    Garda Sergeant
    €62,123

    Garda Inspector
    €68,746

    Fire Fighter
    €60,575

    Executive Officer
    €45,616

    Higher Executive Officer
    €55,415
    Welcome To 24/7 Front Line Services Alliance-->Financial Experts Report Reveals up to 11.4% Paycut from Croke Park 11

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    Politics.ie Member Analyzer's Avatar
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    Jack O'Connor is overpaid and needs a pay cut.

    160K for talking out both sides of his mouth on the issue of austerity.
    Coveney's ambition is the be Ireland's next EU Commissar and Ireland will pay a price as he builds his CV to position himself sufficiently loyal to the nEU empire.

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    Jack O'Connor thinks €1 billion can go a long way. He has already said:

    They are also calling for the €500 million cut in social welfare that is scheduled for Budget 2014 to be scrapped and they want the Government to put money back into the health service and to spend on lower and middle income families.

    The rest of the €1 billion plus savings should then be used to help people who are unable to pay their mortgages and are in danger of losing their home said O’Connor.

    Further to those suggestions, SIPTU wants to treble the Government’s existing infrastructure stimulus plan of €2.25 billion that was announced last July following the State’s improved credit rating thanks to the promissory note deal.
    and today says:

    SIPTU president Jack O’Connor said the government’s goal of cutting €1 billion from the public pay bill by 2015 could be achieved by setting aside the €1 billion annual savings under the promissory note transaction, combined with taxes on high earners.
    Maintain social welfare, increase health spending, solve the mortgage crisis, treble investment, protect public sector pay.

    And there were people saying the Promissory Note deal was a bad deal. In Jack's world it is the solution to lots of our problems.

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    Quote Originally Posted by Taxi Driver View Post
    Jack O'Connor thinks €1 billion can go a long way. He has already said:



    and today says:



    Maintain social welfare, increase health spending, solve the mortgage crisis, treble investment, protect public sector pay.

    And there were people saying the Promissory Note deal was a bad deal. In Jack's world it is the solution to lots of our problems.

    When will the penny drop with the PS ... we are in the crapper at the moment and we are paying more now in 2013 for pubilc sector pay and pensions then we were in 2008 when the sh1tstorm started...And all of this with a reduction in numbers...The IMF are telling us the cost base is too high in Ireland and to cut costs and yet the PS want to raise taxes. It has been proven time and again that cutting the cost base saves more jobs and helps an economy recover quicker than tax increases..and yet this year we have to stomach the increase in PRSI , property tax and the soon to come water charges...Enda Kenny needs to stick to his guns and give a 7% across the board cut in order to keep any integrity ..He and FG got the mosts votes for their 3:1 mantra of cuts vs taxes at the moment the opposite ratio is being applied..Enda grow a pair and start fighting for the private sector tax payers who are keeping the economy going

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    Quote Originally Posted by Analyzer View Post
    Jack O'Connor is overpaid and needs a pay cut.

    160K for talking out both sides of his mouth on the issue of austerity.
    Austerity!!! Now that its time for the wealthy among us to wear the Green jersey and the poorer among us cannot give any more, we are told that income tax is to be reduced to help the wealthy to create more jobs for the poor. Green jersey my ass. Jack O'Connor needs to wear the green jersey. How long will it take for SIPTU members to realise that Jacko is milking the system.

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