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Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.
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Far-Left Group Claim Responsibility for Paris Arson Attacks Sun Jul 28, 2024 17:00 | Richard Eldred
A far-Left group has claimed responsibility for crippling Paris's rail network with arson attacks, stranding 800,000 passengers, just before the Olympic opening ceremony.
The post Far-Left Group Claim Responsibility for Paris Arson Attacks appeared first on The Daily Sceptic.
DESNZ Has Net Zero Competence Sun Jul 28, 2024 15:00 | David Turver
David Turver casts a critical eye over the new crop of ministers at the Department of Energy and Net Zero, revealing a batch of public sector lifers with no commercial savvy and zero energy know-how.
The post DESNZ Has Net Zero Competence appeared first on The Daily Sceptic.
Hate Cleric Raises £3 Million to Create Islamic Homeland on Scottish Island Sun Jul 28, 2024 13:01 | Richard Eldred
A radical cleric has raised over £3 million to transform a remote Scottish island into a self-governing Islamic state with its own army, justice system, school and hospital.
The post Hate Cleric Raises £3 Million to Create Islamic Homeland on Scottish Island appeared first on The Daily Sceptic.
Why I Fear What Labour Will Do to the Education System Sun Jul 28, 2024 11:00 | Stephen Curran
We are facing a radical agenda set by the progressive wing of the educational establishment, says Dr Stephen Curran. We should build on the past 14 years' foundation, not tear it down.
The post Why I Fear What Labour Will Do to the Education System appeared first on The Daily Sceptic.
Labour Has Just Betrayed a Generation of Young People Sun Jul 28, 2024 09:00 | Richard Eldred
By dropping the Higher Education (Freedom of Speech) Act, the Education Secretary has declared war on the culture of free speech on campus. The fight-back starts here, says Claire Fox in the Telegraph.
The post Labour Has Just Betrayed a Generation of Young People appeared first on The Daily Sceptic.
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Jump To Comment: 1 2 3Looks like McLoone, Begg and O'Connor are falling over themselves to 'do a deal'. If they do what'll the reaction be?
Here is a message from Paddy Healy, chair of the National Public Service Alliance
ICTU Sell-out on way!
Public service trade unionists were shocked to hear Peter McClune, Chair of Public Services Committee, ICTU, announce that he was about to negotiate a cut of 1.3 billion in the public service pay bill as we left the picket lines.. Some were even more shocked to hear Jack O Connor, President of both Siptu and ICTU, repeat the McClune mantra that we must do vastly more with less resources in his Markewicz Lecture. There has been no denial of the quote in Irish Times which has Jack O Connor saying that pay rose too steeply during the boom at an ICTU seminar.
ICTU has no mandate to negotiate cuts in public service pay and cuts in public service provision. Trade unionists should campaign for the resignation of any trade union leader who advocates such capitulatory policies.
The vast majority of citizens support increased taxation of the wealthy as demonstrated in recent opinion polls.
As George Lee asserted at McGill Summer School, most of the money borrowed from foreign banks is still in the country.
There is a simple way of collecting it which is in operation in many countries throughout the world. It is called Wealth Tax or Assets Tax. This can be designed to exclude family home and farmland. Why not an emergency “patriotic” contribution from the rich to tide the country over coming year?
I append below an outline of the French Wealth Tax System which is available on internet
If cuts in public service pay and public service provision go ahead, we must prepare the biggest and most effective campaign ever mounted leading into the next general election.
Paddy Healy, School of Physics DIT , paddy.healy@eircom.net m 086-4183732
French Wealth Tax (ISF)Updated 2009
TAXABLE ASSETS
French Wealth Tax is payable on net assets above 790000€ held on 1st January. French residents must include all worldwide assets and send in their declaration and payment by 15th June.
"Non-residents" with property in France are only liable for wealth tax on assets phyisically situated in France (therefore excluding purely financial investments) and have slightly longer to declare (17th July for Europeans and 31st August for non Europeans). Residency is defined by French law and is not simply a matter of being present for 183 days. If in doubt, please contact us.
The French parliament has agreed partial exemption for five years from French wealth tax for most people moving to France after 6th August 2008. This is part of the Loi de la Modernisation de l'Economie approved during summer 2008 (when most French were away on holiday!). Amongst other objectives this law aims to encourage high-earning professionals to move to France. The ISF exemption is similar to the existing US treaty and the proposed Anglo-French treaty - although the latter is still awaiting approval. The exemption only covers assets outside France, so careful financial planning is necessary. Newcomers may now prefer to choose appropriate foreign assets that fall under favorable French tax rules - but beware of the additional costs of living off foreign assets... Please contact us for full details.
Assets must be consolidated for all members of the household. Couples must make a joint declaration whether married or not. Assets held by children below 18 years of age must also included.
Assets include
- Land & buildings (Principal & secondary residences, rental property, ...)
- Financial investments (quoted & unquoted stocks & shares, bank accounts, ...)
- Jewellery and precious stones
- Furniture
- Cars, Motorcycles, Boats, Aeroplanes, ...
Even if you are not the owner, simply having the right to live somewhere or receive income can be enough to make you liable on the capital value.If you own shares in a property company (eg SCI), your declaration is based on the value of the underlying property.
WEALTH TAX RATES
To calculate the tax, add up the total value of assets for the household and deduct all outstanding debts and overdrafts as at 1st January. You then apply the rates from the following table:
The 2009 tax bands for ISF are
- to 790000€ 0%
- 790,000 to 1,280,000€ 0.55 %
- 1,280,000 to 2,520,000€ 0.75 %
- 2,520,000 to 3,960,000€ 1.00 %
- 3,960,000 to 7,570,000€ 1.30 %
- 7,570,000 to 16,480,000€ 1.65 %
above 16,480,000€ 1.80 %
B*stards