Pascal or anyone else in FFG doesn’t care one bit for the working class!!!
GerKoll on
You do not need to be an expert or an “official” to know this…..
Constant_Archer_3819 on
Yeah no shit. Cutting a tax after prices are already set makes little sense because the full benefit often goes to the producers/sellers operating on good margins, rather than being passed on to the consumers in the form of lower prices, or going to the producers/sellers working off poor margins – especially in the short term when prices are sticky and/or going up..
FineVintageWino on
Send this (as obvious as the nose on your fucking face) story to your local government TD – not forgetting the independent opposition TDs who get speaking rights but vote with government.
Available_Dish_1880 on
Adrian Cummins of Restaurant Association of Ireland was never off the radio for over a year demanding this VAT cut
Then when it was approved in the budget he was moaning that minimum wage rises and other costs would cancel out the VAT cut.
There is gratefulness for ya!
caisdara on
The whole point of the VAT reduction was that the savings would not be passed on to customers.
Key-Half1655 on
> most hospitality businesses would simply pocket the savings generated from the tax reduction
Quiet or Adrian Cummins will hear you and be on the radio again whinging about the poor resteraunt owners
Dramatic-Spirit-4809 on
Sneaky snake pascal has snuck out the back door after leaving a steaming pile of shite behind him
snugglesandhugsfan on
The vat cut went straight into the pub owners bank account while they raised the drink prices and stuck two fingers up to the public and Paschal.
My local has raised prices three times this year while the cost to them from the brewery has only seen one raise (fact).
Real_AdamOReilly on
As if it would be passed on hahaha
Comfortable-Can-9432 on
‘Prudent’ Paschal Donohue has overseen the most ludicrous Celtic Tiger-esque spending spree in the history of the state.
In 2019, the budget was €66b. In 2026, it’ll be €116b. And most people are worse off now than then. History won’t judge Paschal kindly once the inevitable recession comes. The massive corporation tax surpluses were a once in a lifetime opportunity to transform this country. It has been totally squandered.
FixRevolutionary1427 on
Ham fisted measure and he gets a senior position at the world bank.
rom9 on
Where are the usual suspects here to justify that lobbying is not corruption? Lol. This country is fecked because of asshats like you. Keep burying your head in the sand and let these people take you for a ride. And why not; there is always an easy scapegoat.
MrWhiteside97 on
The enduring problem with this cut is that it’s simultaneously too big and too small.
It’s big enough that it’s costly af.
But a 4.5% change in VAT isn’t enough for most restaurants to pass any meaningful savings onto customers to the point that it changes demand.
E.g. if your local Chinese changed the price of a takeaway from €20 to €19.50, is that really going to increase demand?
In other places they’ve done similar cuts (France, Sweden etc) the cut is about 10%, so it starts to really be noticeable if prices are cut accordingly. Instead we’re paying €500m a year to boost the profits of one particular industry because the government can’t solve the structural issues they face (eg energy and food prices)
14 commenti
Pascal or anyone else in FFG doesn’t care one bit for the working class!!!
You do not need to be an expert or an “official” to know this…..
Yeah no shit. Cutting a tax after prices are already set makes little sense because the full benefit often goes to the producers/sellers operating on good margins, rather than being passed on to the consumers in the form of lower prices, or going to the producers/sellers working off poor margins – especially in the short term when prices are sticky and/or going up..
Send this (as obvious as the nose on your fucking face) story to your local government TD – not forgetting the independent opposition TDs who get speaking rights but vote with government.
Adrian Cummins of Restaurant Association of Ireland was never off the radio for over a year demanding this VAT cut
Then when it was approved in the budget he was moaning that minimum wage rises and other costs would cancel out the VAT cut.
There is gratefulness for ya!
The whole point of the VAT reduction was that the savings would not be passed on to customers.
> most hospitality businesses would simply pocket the savings generated from the tax reduction
Quiet or Adrian Cummins will hear you and be on the radio again whinging about the poor resteraunt owners
Sneaky snake pascal has snuck out the back door after leaving a steaming pile of shite behind him
The vat cut went straight into the pub owners bank account while they raised the drink prices and stuck two fingers up to the public and Paschal.
My local has raised prices three times this year while the cost to them from the brewery has only seen one raise (fact).
As if it would be passed on hahaha
‘Prudent’ Paschal Donohue has overseen the most ludicrous Celtic Tiger-esque spending spree in the history of the state.
In 2019, the budget was €66b. In 2026, it’ll be €116b. And most people are worse off now than then. History won’t judge Paschal kindly once the inevitable recession comes. The massive corporation tax surpluses were a once in a lifetime opportunity to transform this country. It has been totally squandered.
Ham fisted measure and he gets a senior position at the world bank.
Where are the usual suspects here to justify that lobbying is not corruption? Lol. This country is fecked because of asshats like you. Keep burying your head in the sand and let these people take you for a ride. And why not; there is always an easy scapegoat.
The enduring problem with this cut is that it’s simultaneously too big and too small.
It’s big enough that it’s costly af.
But a 4.5% change in VAT isn’t enough for most restaurants to pass any meaningful savings onto customers to the point that it changes demand.
E.g. if your local Chinese changed the price of a takeaway from €20 to €19.50, is that really going to increase demand?
In other places they’ve done similar cuts (France, Sweden etc) the cut is about 10%, so it starts to really be noticeable if prices are cut accordingly. Instead we’re paying €500m a year to boost the profits of one particular industry because the government can’t solve the structural issues they face (eg energy and food prices)