This country is unbelievable

[Smarty]

"SENIOR AIB executive Colm Doherty, who will shortly be appointed managing director of the bank, will not be forced to take a salary cut to meet the Government’s cap of €500,000 for top bankers.

Mr Doherty’s annual salary is expected to remain at about €633,000, the amount he was paid in 2008, after his imminent promotion to the new role of managing director at AIB, according to sources with knowledge of the bank’s plans.

Minister for Finance Brian Lenihan set a cap of €500,000 on the salaries of chief executives under the bank guarantee last February, lower than a base salary of €690,000 recommended by a Government-appointed committee for the State’s two biggest banks."

OK so he can beat the cap because he is being called a Managing Director rather than a Chief Executive ???

What a load of bollox once again this puts the credibility of Lenihan and CO into focus.

Once again the rich are lining their pockets in this country at the expense of the poor and sick.
And they want to give a Nurse or Guard a pay cut, who probably put 10 times more work in than any of these rich wankers sorry bankers.

[blankmannn]

"SENIOR AIB executive Colm Doherty, who will shortly be appointed managing director of the bank, will not be forced to take a salary cut to meet the Government’s cap of €500,000 for top bankers.

Mr Doherty’s annual salary is expected to remain at about €633,000, the amount he was paid in 2008, after his imminent promotion to the new role of managing director at AIB, according to sources with knowledge of the bank’s plans.

Minister for Finance Brian Lenihan set a cap of €500,000 on the salaries of chief executives under the bank guarantee last February, lower than a base salary of €690,000 recommended by a Government-appointed committee for the State’s two biggest banks."

OK so he can beat the cap because he is being called a Managing Director rather than a Chief Executive ???

What a load of bollox once again this puts the credibility of Lenihan and CO into focus.

Once again the rich are lining their pockets in this country at the expense of the poor and sick.
And they want to give a Nurse or Guard a pay cut, who probably put 10 times more work in than any of these rich wankers sorry bankers.

As someone who works in tax I feel like I have to point out that if the Government leave loopholes they will be exploited (that's what I am paid to do).

Still, does he really need all that cash? I mean, is €500,000 a year not enough? fucking hell!

[mrbee]

The situation needs reform to start asap
We have the highest paid public sector in Europe. Tourism has sustained mutilation as we are globally known to be an overpriced nation, on the same levels as denmark and even norway appartantly.

50% of the workers here dont pay tax. even if a worker only earns 15k, they can at least contribute a few hundred per annum.
Teachers are a joke, alot are irresonsible money grabbers.
The average graduate starting in the private secor gets 24k per annum
The graduate teacher gets 36k, less hours and 16 weeks paid holidays and their performance isnt even assessed by strict bench-marking etc. Theres tons of hidden loopholes in even tax and legal situation in this country. have availed of many myself. can run cash easily through 4 tiny comanies instead of 1 big one and save tens of thousands. ajoke the amount of money the exchequer loses out on. no point as such in me funding a minority of chancers though who have got the majority of the population in a sticky situation because of mismanagment, a completley useless and childish group of opposion parties acting the bollox and a chronic lack of accountability in many departments and smaller agencies also

I see my nephews fucking about, bored out of their minds with nothing to do. A generation of young people with nothing to look forward to, for the time being anyway. theres gona be some big surge in crime and black marketing..

[Smarty]

Brian Clown says everything is on the table yet the following sacred cows are never mentioned

(1) Taxing horse breeding. If the breeders say they will pull out let them they can fuck off as they ar'nt contributing anything.

(2) Raise the corporation tax rate from 12.5% to 14% we would still have the lowest corporation tax rate in Europe, bar maybe Malta on one or two of the Baltic states.

I realise that we need a low corporation tax to keep and attract big business, but another 1.5% is not going to be a disincentive.

The only thing on that is on the table is taxing the workers and the poor

[experienced punter]

any good news lads?.

[Notatwork]

any good news lads?.

Exactly!