The new Irish budget is a conservative's wet dream

[n2doc]

Huge cuts revealed in Irish budget
By Ed Carty and Colm Kelpie, PA
Wednesday, 24 November 2010
The Irish Government today unveiled a raft of budget measures to restore the State's finances by 2014.

Measures include cutting social welfare by 3 billion euro (£2.5 billion), reducing the public sector pay bill by 1.2 billion euro (£1 billion) and increasing VAT by 2%.

* The minimum wage is cut by one euro to 7.65 euro (£6.48);

* VAT will increase 1% to 22% in 2013 and to 23% in 2014;

* Corporation tax will remain at 12.5%;

* Public sector workforce to be cut by 24,750, bringing levels back to 2005 levels;

* Student fees will increase;

* Water metering will be brought in by 2014;

* Carbon tax charges will double to 30 euro (£25) a tonne, raising 330 million euro (£279 million).

more
http://www.independent.co.uk/news/world/europe/huge-cuts-revealed-in-irish-budget-2142587.html

All to pay for the bankster's shite they left behind.

Will the Irish people stand for it? Given the "double Irish" tax scam that lets corps avoid paying ANY taxes is left in place, we shall see.

[truebrit71]

1. Funny how the austerity cuts don't involve tax give-backs from corporations..

..I am so surprised...:sarcasm:

[xchrom]

2. Or a significant portion of the labor force could leave.

I have friends there who are already applying in Australia, new Zealand
And Canada.

I asked all of them why not here - none of them like our
Health care.

[DCKit]

3. Hey Irish! You're now working for the IMF and the same banksters who murdered your economy. nt