Workers Solidarity Movement

As the 2016 General election got underway lobby groups had already set out their stall in terms of what they do and don't want to see in government policy. IBEC (the Irish Business and Employers Confederation) have launched their manifesto and have begun hosting political debates in plush surroundings. One of their most prominent calls to politicians is to leave the universal social charge untouched, not abolished, not reduced, and not modified to relieve lower earners from paying it.

The USC is often described in the media as Ireland's most hated tax, and it's easy to see why this might be so, it's applied to even those who are not earning enough to pay tax, or support themselves and their families.

It's no secret that Stormont has gone into one of its regular crises.

A few months ago they were arguing over Welfare Reform, then Kevin McGuigan was shot dead and they were then arguing about whether or not the IRA still existed (great timing for Robinson as the NAMA scandal was just being brought to light).

Bombardier reported a profit of $125 million last quarter yet our media is telling us that the Company is in a serious financial crisis and that significant changes will have to be made to the workforce as a result.

Recent studies in the North have shown that the rich really are getting richer while the poor are getting poorer.

It is no secret that household charges are set to rise due to ongoing “austerity” measures by Capitalist governments.

Today, research from PwC (PricewaterhouseCoopers accountancy firm) indicated that households in the North will be hit hardest in the UK by this rise in charges.
 

Project Eagle, or Nama's northern portfolio, was landed in March 2014 by American private investment firm, Cerberus. If this sale has done anything, it has proven that good old fashioned political and economic corruption is not an exclusively American affair.

Nama, oftentimes referred to as the south's "bad bank" - as if there are any good ones - was set up in late 2009 as an attempt by the southern government to try and deal with the property loans issued by Irish banks.

It's not really a secret to anyone paying attention but Renua have really blown their cover with their pre-budget submission. Far from being any sort or radical departure they are yet another party for the wealthiest 1% who have been plundering our labour with the aid of every previous government.

As Michael Taft explains "Renua has called for a flat-rate tax. It represents a massive transfer from the lowest income groups to the highest income groups. It will require low and middle income groups to fund not only their own tax cuts but even higher tax cuts for those on much higher incomes.
... they want to cut inheritance tax to 20 percent while raising thresholds to €500,000. Someone inheriting €1 million would gain over €150,000."

"If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality"

Rich people in Ireland as elsewhere are good at not paying taxes. When you give them a chance to prove you wrong we get figures that show that in 2013 just 15 of the super wealthy paid a total of €1.8m.

Who are these rich people and how do they do it? By rich we mean that you have an income of more than €1 million rolling into you from around the world, and that you have assets of more than €5 million here. That is some wealth right there. How they manage it is that whilst they might live here they register to pay tax in a low-tax haven like Malta or Monaco.

Monday night (22/09/2015) RTE aired the misguided David McWilliams documentary "Ireland's Great Wealth Divide". It points out that the richest of the rich have far, far more than their fair share and that it's considerably worse than "we" think it is - this is demonstrated with opinion poll data (see image below) showing how Irish people would like wealth to be divided, contrasted against how "we" think it's divided and how it's actually divided. It also argues against the notion of trickle down economics, pointing out that the wealthy don't let their money trickle down and do not create jobs.