Another broken promise- Leo and those vanishing tax cuts

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By Eamon Delaney, The Times.ie Its the photo that haunts Ruairi Quinn and the Irish Labour party. Quinn is at the front of gate of Trinity College signing a pledge, promising never to reintroduce fees for Third Level education, only months before such a return was mooted. Like the famous mock Tesco’s ad, which warned of hikes that Labour subsequently … Read More

Our new alcohol policy: pointless, punishes the poor but makes politicians look ‘good’

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By Bill Wirtz In a renewed effort to crack down on alcohol abuse, the Irish Senate has approved new policies regarding alcoholic beverages. Apart from mandatory health labelling on the products themselves, the law would also require a legal minimum unit pricing. A similar regulation had recently passed objections by the UK’s Supreme Court, as Scotland was attempting lower access … Read More

Reducing construction taxes would get homes built and people housed

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By Paul Molloy This is an article about giving tax incentives to property developers to build the houses they are not currently building. The whole country is affected by this housing crisis, from couples who can’t get on the property ladder, to tenants with little security and rising rents and most importantly for the “new homeless”. The Government believe they … Read More

Precarious employment: when those who earn least take the greatest risk

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By Cormac Lucey The foundation stone of modern financial theory is the capital asset pricing model. This argues that the greater the volatility of an investment, the higher the return that investors should seek to compensate for risk. Modern employment practices are turning this principle on its head. Today it is often those who are paid least who face the … Read More

Overtime budget shows how Gardai and their ‘trade unions’ are running rings around us

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By Eamon Delaney With the Gardai, events and revelations come quick. Two weeks ago, while we were all focused on the Ministerial casualties of the whistleblower row, an extraordinary thing happened : it was announced that the garda overtime budget had been reached and overtime was being cancelled for Christmas ! Garda management didn’t provide someone to explain this amazing … Read More

We need to talk about Ireland’s soaring disability rates

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Eamon Delaney in TheTimes.ie   We have a tendency to do taboos in Ireland and not to focus on certain things or question certain orthodoxies. Maybe it has something to do with our Catholic past and ethos. And indeed the Catholic ethos and behaviour of the Catholic church was something we didn’t question either – until it was too late. … Read More

Housing crisis discussion, hosted by Hibernia Forum

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Next Wednesday, 29th November, the Hibernia Forum will hold another evening discussion, this time on the current housing situation, with Q & A and then drinks afterwards. Housing expert Karl Deeter (pictured, left) and developer Paddy Kelly (right) will talk to us and offer the perspective of the building industry and of landlords. The event will be held in Buswell’s Hotel on Kildare … Read More

Compared to government bonds, equities look cheap

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By Cormac Lucey One financial market, which has been hugely affected by QE, is the market for eurozone government bonds, or debt securities. They have been driven up significantly in price by the ECB’s programme of creating fresh money and using it to buy government bonds, thereby elevating their prices compared with what they would otherwise have been. Last week … Read More