Brendan Burgess
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Group of 17 leading figures submits blueprint for recovery
from Simon Carswell in today's Irish Times:
from Simon Carswell in today's Irish Times:
The group, which is chaired by businessman Philip Lynch
and the chief executive of the Rehab Group, Angela Kerins,
The authors of the report include:
Michael Berkery, former chief executive of the Irish Farmers’ Association;
former taoiseach John Bruton;
businessman Leslie Buckley;
former European Parliament president Pat Cox;
financier Dermot Desmond;
and Fine Gael strategist Frank Flannery.
former Fianna Fáil minister for finance Ray MacSharry;
businessman Denis O’Brien;
Seán O’Driscoll, chief executive of Glen Dimplex;
property developer Michael O’Flynn;
former Bank of Ireland chief executive Mike Soden;
former National Treasury Management Agency chief executive Michael Somers;
former Labour tánaiste Dick Spring;
chairman of Goldman Sachs International and formerly of BP Peter Sutherland;
former secretary general of the Department of Communications Brendan Tuohy.
...
The group recommends that the Government go further than the cuts in public spending suggested by economist Colm McCarthy in his “Bord Snip Nua” report.
The public sector should be reduced by about 30,000 jobs and the social welfare system should also be reformed, the report says.
A new minister for competitiveness should ensure that targets are met on public sector reform while electoral and public sector reform should be monitored with regular progress reports.
More than 200,000 jobs can be created, the group argues, by developing five sectors – manufacturing, tourism, agriculture, life sciences and information and communications technology.
The sale of the two big banks, AIB and Bank of Ireland, to international buyers is recommended. The group calls for Nama to be reviewed as it has failed to meet its objectives.
While the devil is in the detail this does sound like attention grabbing. Government cannot create a single job, all it can do is improve the environment for private businesses to operate in, and that simply means lowering the burden the state places on businesses through taxation. But I don't think they wrote 38 pages on just saying that.More than 200,000 jobs can be created, the group argues, by developing five sectors – manufacturing, tourism, agriculture, life sciences and information and communications technology.
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I notice this article in today's Irish Times and wondered what people opinions are on it?
I wonder is there much mention of tax avoidance in their patriotic proposals?
Maybe if a few of them choose to pay their taxes in ireland and set an example to the thousands of others who don't. That might be more of a help.
I wonder is there much mention of tax avoidance in their patriotic proposals?
Maybe if a few of them choose to pay their taxes in ireland and set an example to the thousands of others who don't. That might be more of a help.
Who are you talking about here? Irish emigrants? Or people who live in Ireland that don't pay taxes here?
Or maybe Ireland should stop punishing success by imposing punitive taxes on wealthy people.
Do we actually do that? Rich people have it fairly good here i would think.
If you live in Ireland you are liable to income tax in Ireland regardless of where your income comes from. The only way you can be paying taxes elsewhere is if you spend less than a certain amount of days in this country.Irish people living here but paying their taxes elsewhere.
Do we actually do that? Rich people have it fairly good here i would think.
Would this be the same Peter Sutherland who called for cutbacks in public sector spending while enjoying his €50k p.a. pension from his short spell as Attorney General?I think Perter Sutherland as former Independent Non-Executive Director, Member of Nominations Committee and Member of Remuneration Committee of the Royal Bank of Scotlant is part of the problem and not part of the solution.
Would this be the same Peter Sutherland who called for cutbacks in public sector spending while enjoying his €50k p.a. pension from his short spell as Attorney General?
Would this be the same Peter Sutherland who called for cutbacks in public sector spending while enjoying his €50k p.a. pension from his short spell as Attorney General?
Maybe he should offer his pension before offering his opinion?Doesn't mean he can't offer his opinion.
The pension that he and 'retireing' Ministers availed of bears little relationship to the standard public servant pension. Nissan Micra Vs a Bentley.Also, are you saying the pensions for public servants are too generous?
Indeed - but would you not expect somebody in his position to practice what they preach?Maybe the ridiculousness of such a pension has helped form his opinion!
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