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Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 7:04 pm
by nardol
HighKingLeinster wrote:
Duff Paddy wrote:
nardol wrote:
CM11 wrote:Yup the middle income and high income earners are getting away scot free in this country. Here. First.

:roll:
Because thats what I said :uhoh:
look Nardol let me spell it out for you - we don't like lefties on here. Now beat it.
This

****throws rock at the commie Dutch cùnt***
some are just more equal than others

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 7:09 pm
by nardol
rfurlong wrote:Can we send all the economically illiterate voters in Ireland over to Venezuela for a couple of months
Would you like to connect via Heathrow or Schiphol?

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 7:11 pm
by CM11
Actually, I got that wrong above. It's 46 euro a week for person b. The same increase they would have gotten in the previous budget. Whereas person a got an extra euro a week. So while not significant, the tax cut actually benefited the lower paid worker and not the high paid one. Sorry to burst your bubble.

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 7:13 pm
by nardol
CM11 wrote:Actually, I got that wrong above. It's 46 euro a week for person b. The same increase they would have gotten in the previous budget. Whereas person a got an extra euro a week. So while not significant, the tax cut actually benefited the lower paid worker and not the high paid one. Sorry to burst your bubble.
What does a rich person do with an extra 55 euro?
What does a poor person do with an extra 55 euro?

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 7:16 pm
by CM11
nardol wrote:
CM11 wrote:Actually, I got that wrong above. It's 46 euro a week for person b. The same increase they would have gotten in the previous budget. Whereas person a got an extra euro a week. So while not significant, the tax cut actually benefited the lower paid worker and not the high paid one. Sorry to burst your bubble.
What does a rich person do with an extra 55 euro?
What does a poor person do with an extra 55 euro?
Wtf!!

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 7:18 pm
by rfurlong
Nardol is going for the record of being wrong most times in a single page

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 9:18 pm
by nardol
Ok on a very basic level even:
single paye worker usc charge for 2015 and 2016 with no funny business


32k 2015 usc would have been 1385 and 2016 usc will be 1053 improvement of 332.

90k 2015 usc 5644 and 2016 will be 4742 improvement of 902


Now every euro extra the person on 32k gets a much higer % (than 90k person) will be spent on surviving and will be taken back in in the form of consumption and or vat. Overall the person on 90k benefits much more. This is exasperated by high vat rates and very harsh tax bands that punish middle, I would even call low, income much harder than higher income.

For the economy it's also better to boost lower incomes with tax cuts than it is high incomes because poor people are too silly to save.

I'm getting too involved with this .. blergh. ..

fudge it . No tax , no civil service. Wild west baby protect your property with guns and shoot first ask later. Yeeehaw

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 9:21 pm
by Flametop
I'm going to ring the folks to see if I'm still cut out of the will.
With the threshold going up, I might be in with a chance.

:thumbup:

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 9:24 pm
by Uncle Fester
lorcanoworms wrote:
Uncle Fester wrote:When it comes to tourism initiatives and future growth in that sector, this is the kind of thing we need to be getting behind. Piling folks into a bus and looking at the country through the window doesn't really cut it anymore.

Of course, it would help if people who help provide stuff like this don't get the holes sued off them when somebody stubs a toe.
Badly needed,small boat hire is negligible on Lough Derg and other large Lakes.
Yep. Important to look after stuff like this to ensure a broad tax base.

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 9:53 pm
by anonymous_joe
So Prime Time appear to have just broken the law and seem utterly unconcerned about this.

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 10:01 pm
by Duff Paddy
What happened

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 10:04 pm
by rfurlong
Not seen it but I see the Twitter lefties are out in force over fitzgerald not answering questions

What did RTE do that was illegal?

No idea why the government are going on RTE these days..... Montrose is like a fooking student Union at this stage

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 10:07 pm
by anonymous_joe
Section 11 of the Commissions of Investigations Act 2004 says they're held in private and it's an offence to disclose evidence from them.

They put up transcripts of discussions between the judge and counsel for the Commissioner. Grey area as to whether it's "evidence" but it probably is.

Frances Fitzgerald pointed out she wasn't engaging in it for that reason and Miriam kept asking.

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 10:09 pm
by Duff Paddy
Sure they all lied to the enquiry anyway

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 10:11 pm
by anonymous_joe
That's a different type of offence. :lol:

Not sure evidence was given on oath from some of them anyway.

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 10:59 pm
by CM11
nardol wrote:Ok on a very basic level even:
single paye worker usc charge for 2015 and 2016 with no funny business


32k 2015 usc would have been 1385 and 2016 usc will be 1053 improvement of 332.

90k 2015 usc 5644 and 2016 will be 4742 improvement of 902


Now every euro extra the person on 32k gets a much higer % (than 90k person) will be spent on surviving and will be taken back in in the form of consumption and or vat. Overall the person on 90k benefits much more. This is exasperated by high vat rates and very harsh tax bands that punish middle, I would even call low, income much harder than higher income.

For the economy it's also better to boost lower incomes with tax cuts than it is high incomes because poor people are too silly to save.

I'm getting too involved with this .. blergh. ..

f**k it . No tax , no civil service. Wild west baby protect your property with guns and shoot first ask later. Yeeehaw
Are you for real? Rfurlong has already posted the figures. Top 5% paying over 50% of tax on 22% of the income. 40% of the working population pay no tax at all.

On a 5k sum, someone on 37k pays nearly 10% less in tax. And that's before considering that someone on 90k probably drains less from the state and pays more in stealth tax.

Re: Rugby NAMA thread Revisited Rugby

Posted: Tue May 17, 2016 11:15 pm
by Uncle Fester
anonymous_joe wrote:So Prime Time appear to have just broken the law and seem utterly unconcerned about this.
Maltese Falcon?

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 12:29 am
by gokwe
You pay tax on the income to buy the home, tax on the purchase of the home and now tax for the privilege of living in the home and now you want people to pay tax for having the temerity to die.
Tax on the privilege of living in the home...

What's the FF position on this one Mullet?

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 9:06 am
by CM11
EverReady wrote:Have paid all my water bills but have just received another. Thought it was 'suspended'? In anyways I ain't payin this one POWER TO DE PEEPLES.
Legislation to suspend not gone through?

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 9:13 am
by anonymous_joe
Uncle Fester wrote:
anonymous_joe wrote:So Prime Time appear to have just broken the law and seem utterly unconcerned about this.
Maltese Falcon?
Eh?

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 10:08 am
by CM11
EverReady wrote:
CM11 wrote:
EverReady wrote:Have paid all my water bills but have just received another. Thought it was 'suspended'? In anyways I ain't payin this one POWER TO DE PEEPLES.
Legislation to suspend not gone through?
Living the wrong side of the law is stressful
I have mine on direct debit. Too lazy to cancel although when they do suspend the charges (if they haven't already - wouldn't surprise me that they're sending bills erroneously) I must check to make sure they don't keep on taking it out!

Worst that'll happen to you is the charge will still be on your account when and if they return.

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 10:11 am
by Floppykid
Uncle Fester wrote:
anonymous_joe wrote:So Prime Time appear to have just broken the law and seem utterly unconcerned about this.
Maltese Falcon?
Huh?

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 10:32 am
by Duff Paddy
CM11 wrote:
EverReady wrote:
CM11 wrote:
EverReady wrote:Have paid all my water bills but have just received another. Thought it was 'suspended'? In anyways I ain't payin this one POWER TO DE PEEPLES.
Legislation to suspend not gone through?
Living the wrong side of the law is stressful
I have mine on direct debit. Too lazy to cancel although when they do suspend the charges (if they haven't already - wouldn't surprise me that they're sending bills erroneously) I must check to make sure they don't keep on taking it out!

Worst that'll happen to you is the charge will still be on your account when and if they return.
You think any Irish politician is going to say "yeah let's bring back water charges". It's dead.

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 10:35 am
by CM11
Duff Paddy wrote:
CM11 wrote:
EverReady wrote:
CM11 wrote:
EverReady wrote:Have paid all my water bills but have just received another. Thought it was 'suspended'? In anyways I ain't payin this one POWER TO DE PEEPLES.
Legislation to suspend not gone through?
Living the wrong side of the law is stressful
I have mine on direct debit. Too lazy to cancel although when they do suspend the charges (if they haven't already - wouldn't surprise me that they're sending bills erroneously) I must check to make sure they don't keep on taking it out!

Worst that'll happen to you is the charge will still be on your account when and if they return.
You think any Irish politician is going to say "yeah let's bring back water charges". It's dead.
I'm certainly not going to predict otherwise, Duff, but I live in hope that the EU will be able to force it back.

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 11:01 am
by Malahide Mullet
gokwe wrote:
You pay tax on the income to buy the home, tax on the purchase of the home and now tax for the privilege of living in the home and now you want people to pay tax for having the temerity to die.
Tax on the privilege of living in the home...

What's the FF position on this one Mullet?

I understand that it was one of the measures agreed in the agreement.

So the threshold should be increasing with our support.

Take that Commies

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 11:37 am
by lorcanoworms
EverReady wrote:Have paid all my water bills but have just received another. Thought it was 'suspended'? In anyways I ain't payin this one POWER TO DE PEEPLES.
It falls out of da sky for fugs sake,deyll be wantin to charge for lightning next.

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 11:38 am
by paddyor
Income 32000

T@20% 32000 - 6400

Total 8040

Less Non Refundable Tax Credits (Single no kids)
Single 1650
Employee 1650

Tax Liability 3100

PRSI@4% 1280

USC@1.5% 12012 - 180.18
USC@3.5% 5564 - 194.74
USC @7% 14424 - 1009.68

Total USC = 1384.6
Total PRSI = 1280
Total Tax = 3100

Total deductions = 5764.6

Effective rate of tax 18% (ded/inc)

************************************************
Income 37000

T@20% 33800 - 6760
T@40% 3200 - 2180

Total 8040

Less Non Refundable Tax Credits (Single no kids)
Single 1650
Employee 1650

Tax Liability 4740

PRSI@4% 1480

USC@1.5% 12012 - 180.18
USC@3.5% 5564 - 194.74
USC @7% 19424 - 1359.68

Total USC = 1734.6
Total PRSI = 1480
Total Tax = 4740

Total deductions = 7954.6
Effective rate of tax: 21.4%

Pay increase €5000, increased tax, PRSI etc: 2190

Any additional income up to 33044 the effective rate of tax is 51% and 52% after that.
************************************************
Total income 90000

T@20% 33800 - 6760
T@40% 56200 - 22480

Total 29240

Non Refundable tax credits
Single: 1650
Employee: 1650

Tax Liability : 25940

PRSI: 3600

USC@1.5% 12012 - 180.18
USC@3.5% 5564 - 194.74
USC @7% 52468 - 3672.76
USC @8% 19956 - 1596.48


Total USC = 5644.16
Total PRSI = 3600
Total Tax = 25940

Total deductions = 35184.16

Effective rate of tax: 39%


************************************************
Total income 95000

T@20% 33800 - 6760
T@40% 61200 - 24480

Total 31240

Non Refundable tax credits
Single: 1650
Employee: 1650

Tax Liability : 27940

PRSI: 3800

USC@1.5% 12012 - 180.18
USC@3.5% 5564 - 194.74
USC @7% 52468 - 3672.76
USC @8% 24956 - 1996.48


Total USC = 6044.16
Total PRSI = 3800
Total Tax = 27940

Total deductions = 37784.16
Effective rate of tax: 39.7%

Pay increase €5000, increased tax, PRSI etc: 2572.18


Any additional income up to 5000 the effective rate of tax is 52% and 55% on the balance.


I'm studying tax at the moment

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 1:34 pm
by The Sun God
Received an e.mail from the NTMA this morning recapping our economic performance for 2015
Nothing really new in it but below are the highlights..........might be handy for using in shitfights with the pigdogs et al......

• Ireland is growing faster than every other euro area country
 Ireland’s economy grew by 7.8% real and 13.5% nominal in 2015.
 Consumer spending and investment have recovered. Spending is up for eight straight
quarters. External forces have benefitted Ireland - the sharp depreciation of the euro
following ECB quantitative easing, low interest rates and the dramatic decline in oil prices.
 Unemployment is falling but the pace of improvement has slowed. The rate was 8.4% in
April 2016, down from the crisis peak of 15.1% in Q1 2012.
• Government exited the EDP in 2015 and posted deficit of -2.3%
 The deficit was slightly outside the Government forecast of 2.1% of GDP for 2015 but well
within the EU mandated target of 3%. This allowed the Government an extra 2015 stimulus
of 0.75pp. For 2016, GGB is forecasted to fall to -1.2%.
 Ireland has beaten its target for five straight years. At end-2010, the EC set Ireland a 2015
goal to exit the Excessive Deficit Procedure (EDP): no extensions were required.
• Government debt 93.8% of GDP by end-2015, down from 120%
 The official figure of 93.8% was helped by the large excess of nominal growth over interest
cost and second primary budget surplus in a row.
 The return of capital to the Government from sales of equity stakes in state-owned banks
and the eventual wind-up of NAMA may reduce Government debt in the next few years.

https://lnkd.in/dt2CSbX

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 2:04 pm
by ticketlessinseattle
The Sun God wrote:Received an e.mail from the NTMA this morning recapping our economic performance for 2015
Nothing really new in it but below are the highlights..........might be handy for using in shitfights with the pigdogs et al......

• Ireland is growing faster than every other euro area country
 Ireland’s economy grew by 7.8% real and 13.5% nominal in 2015.
 Consumer spending and investment have recovered. Spending is up for eight straight
quarters. External forces have benefitted Ireland - the sharp depreciation of the euro
following ECB quantitative easing, low interest rates and the dramatic decline in oil prices.
 Unemployment is falling but the pace of improvement has slowed. The rate was 8.4% in
April 2016, down from the crisis peak of 15.1% in Q1 2012.
• Government exited the EDP in 2015 and posted deficit of -2.3%
 The deficit was slightly outside the Government forecast of 2.1% of GDP for 2015 but well
within the EU mandated target of 3%. This allowed the Government an extra 2015 stimulus
of 0.75pp. For 2016, GGB is forecasted to fall to -1.2%.
 Ireland has beaten its target for five straight years. At end-2010, the EC set Ireland a 2015
goal to exit the Excessive Deficit Procedure (EDP): no extensions were required.
• Government debt 93.8% of GDP by end-2015, down from 120%
 The official figure of 93.8% was helped by the large excess of nominal growth over interest
cost and second primary budget surplus in a row.
 The return of capital to the Government from sales of equity stakes in state-owned banks
and the eventual wind-up of NAMA may reduce Government debt in the next few years.

https://lnkd.in/dt2CSbX

yet FF nearly made it back into government but decided to hurl from the ditch instead.....Inda really fcuked up in fairness ; we really do deserve the politicians we elect

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 2:10 pm
by The Sun God
Quite ........
I feel a sense of deep despair for the good hard working people of Ireland when I look at the make-up of Dail Eireann.

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 2:21 pm
by lorcanoworms
Another scientific award,first time outside the US for Takeda.
https://www.youtube.com/watch?v=hzLB-qEQpw4
His brother is married into the Mrs family,so I'm having a justifiable smug moment.

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 2:23 pm
by The Sun God
lorcanoworms wrote:Another scientific award,first time outside the US for Takeda.
https://www.youtube.com/watch?v=hzLB-qEQpw4
His brother is married into the Mrs family,so I'm having a justifiable smug moment.
:thumbup:

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 2:32 pm
by nardol
this one is for cammy

Airports operator DAA has reported a 47% increase in profits for last year as overall passenger numbers increased by 14% to a record 27.1 million.

DAA said that profits rose to €61m last year while turnover at Dublin and Cork airports increased by 21% to €680m.

The company said the increase came on the back of record passenger numbers at Dublin airport and a 30% rise in commercial and retail revenues both in Ireland and in its overseas businesses.

Passenger numbers at Dublin airport rose by 15% to 25 million last year, but numbers at Cork fell by 3% to 2.1 million.

However, DAA noted that Cork passenger numbers returned to growth in the last quarter of the year on the back of new routes.

Describing Dublin airport's performance as "stellar", the company said that an extra 3.3 million passengers used the airport last year with 23 new routes and extra capacity on 40 existing routes.

"Dublin Airport is a key driver for Irish trade and tourism and the benefits of this additional traffic would have been felt throughout the economy", commented DAA's chief executive Kevin Toland.

The company recently announced plans for a new €320m runway at the airport, which will support up to €2.2 billion worth of economic activity.

Operating costs at the company last year rose by 18% to €333m due to the opening up of a new business in New Zealand and the full year impact of an acquisition in Cyprus.

Costs at the two Irish airports were also 8% higher as the company hired more staff to deal with the extra passenger numbers at Dublin Airport.

DAA's retail arm - ARI - operates in ten countries worldwide and also manages "The Loop" at Dublin and Cork airports.

Total sales at Dublin and Cork - including retail, food and drink sales by concessionaires - increased by 20% to €273m last year. DAA noted that average passenger spend rose by 12%.

ARI won new major contracts last year to operate duty free outlets at Auckland and Abu Dhabi airports and earlier this year retained its concession at Muscat airport in Oman.



It also recently won a contract to operate a new domestic terminal at Riyadh's King Khalid International airport in Saudi Arabia. The new terminal will open on a phased basis this year.

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 2:42 pm
by The Sun God
God be with the days when Mum would drop Dad off to work and I would stand on the balcony here to wave him off..........

Image

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 2:48 pm
by Malahide Mullet
ticketlessinseattle wrote:
The Sun God wrote:Received an e.mail from the NTMA this morning recapping our economic performance for 2015
Nothing really new in it but below are the highlights..........might be handy for using in shitfights with the pigdogs et al......

• Ireland is growing faster than every other euro area country
 Ireland’s economy grew by 7.8% real and 13.5% nominal in 2015.
 Consumer spending and investment have recovered. Spending is up for eight straight
quarters. External forces have benefitted Ireland - the sharp depreciation of the euro
following ECB quantitative easing, low interest rates and the dramatic decline in oil prices.
 Unemployment is falling but the pace of improvement has slowed. The rate was 8.4% in
April 2016, down from the crisis peak of 15.1% in Q1 2012.
• Government exited the EDP in 2015 and posted deficit of -2.3%
 The deficit was slightly outside the Government forecast of 2.1% of GDP for 2015 but well
within the EU mandated target of 3%. This allowed the Government an extra 2015 stimulus
of 0.75pp. For 2016, GGB is forecasted to fall to -1.2%.
 Ireland has beaten its target for five straight years. At end-2010, the EC set Ireland a 2015
goal to exit the Excessive Deficit Procedure (EDP): no extensions were required.
• Government debt 93.8% of GDP by end-2015, down from 120%
 The official figure of 93.8% was helped by the large excess of nominal growth over interest
cost and second primary budget surplus in a row.
 The return of capital to the Government from sales of equity stakes in state-owned banks
and the eventual wind-up of NAMA may reduce Government debt in the next few years.

https://lnkd.in/dt2CSbX

yet FF nearly made it back into government but decided to hurl from the ditch instead.....Inda really fcuked up in fairness ; we really do deserve the politicians we elect

Suck on it bitch

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 3:46 pm
by Duff Paddy
The Sun God wrote:
lorcanoworms wrote:Another scientific award,first time outside the US for Takeda.
https://www.youtube.com/watch?v=hzLB-qEQpw4
His brother is married into the Mrs family,so I'm having a justifiable smug moment.
:thumbup:
he's one of the few good guys in academia - fair play :thumbup:

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 3:50 pm
by Floppykid
The Sun God wrote:God be with the days when Mum would drop Dad off to work and I would stand on the balcony here to wave him off..........

Image
The future is now Old Man, deal yo.

*puts on shades and skateboards off into distance*

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 3:50 pm
by Liathroidigloine
I see there are more calls for gender quota's in UCG.

When are we going to see gender quota's for teachers where only 25% are male?

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 3:58 pm
by Duff Paddy
Liathroidigloine wrote:I see there are more calls for gender quota's in UCG.

When are we going to see gender quota's for teachers where only 25% are male?
male unemployment is higher than female unemployment but nobody seems to give a shit about that.

Re: Rugby NAMA thread Revisited Rugby

Posted: Wed May 18, 2016 4:00 pm
by anonymous_joe
Liathroidigloine wrote:I see there are more calls for gender quota's in UCG.

When are we going to see gender quota's for teachers where only 25% are male?
Probably when men want to be teachers?