March 18, 2009
I note alot of the current problem is people are not spending in the economy. I know it is necessary that the goverent need to collect taxes and need money urgently but is it not more beneficial to get people to spend money in Ireland which might help retain jobs and give a higher return on taxes, and less possibly spent on dole payments. My idea would be on the pension levy which is worth â‚¬ 1.4b to the economy. Would it not be better to say to the public sector we will continue to take this levy every week off the pay packet, however, if at the end of the year it can be proven by VAT receipts that someone has spent the equivalent of the levy on goods and services in ireland that the can claim a portion of the money back. Would this not be an idea to get people to spend again and also keep money in the economy and also get people to spend money in the economy and not the black market. Also would those on social welfare be not better off getting coupons much like they do in America to pay for food etc.. again to encourage people to spend locally to keep money in the economy as alot of people buy on line now which is money out of the economy.