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A new survey which shows 90% of business leaders support a Yes vote in the Stability Treaty Referendum, highlights the importance of a positive result in the Treaty for economic growth. The survey, carried out by IBEC, is based on the replies of over 400 CEOs.
Speaking on the results of this survey Tipperary Fine Gael TD, Noel Coonan stated today:-
“This IBEC survey has made some very interesting findings, and I think it underlines the importance of a Yes vote for businesses in North Tipperary and South Offaly and right across the country. Not only do 90% of CEOs believe a Yes vote is important to the future prosperity of their business, 83% believe it will have a positive impact on Ireland’s ability to attract Foreign Direct Investment.
Furthermore, the survey gives an interesting perspective on the impact of a rejection of the Treaty. If we oppose the Treaty, 87% of business leaders believe it will limit our ability to do business in Europe. At the moment, 60% of our exports go to the EU & we are in a great position to further capitalise on this market. Why would we want to put this at risk?
A Yes vote will help to deliver the certainty and stability needed for job creation. We’ve seen thousands of jobs created by companies like Apple, Mylan, Cisco, HP and Paypal in recent months. Clearly Irish business leaders believe our ability to continue to attract this kind of investment would be severely hampered by a rejection of the Treaty.
According to IBEC, Irish companies are making a direct link between passing the Treaty and the future success of their own businesses.
These are job creators operating in the real economy, and I think their views should not be ignored.
We need to give ourselves the best possible chance of continuing with this progress. The Stability Treaty won’t solve everything, but it will be a key step, as we rebuild a working Ireland.”
While unemployment rates remain unacceptably high, particularly here in Thurles & Tipperary, there has been some small progress on job creation in the last year, mainly in our larger coastal cities. For example, by the end of 2011, there were 11,000 more people working in accommodation and food services than when the Government came to office. There was also a 6,000 net increase in jobs in IDA-supported companies last year and there was a 30% increase in companies investing in Ireland for the first time.
Companies & small businesses that hire new employees or increase wages, would receive a tax credit under the “Small Business Hiring Income Tax Credit System,” which President Barack Obama is calling on his American Congress to immediately pass.
President Obama is confident that his tax credit idea, if implemented, would encourage more than $200 billion in new hiring and pay raises, by providing a 10% income tax credit on wages added in 2012. The credit would be available to all companies, but would be capped at $500,000 per business to specifically spur small business hiring. Companies that claim the credit would be able to do so on a quarterly basis, which means all businesses would see tax relief sooner rather than later, for those hiring new staff.
By providing targeted tax relief to these businesses that are expanding and investing in their workforce, the “Small Business Hiring Credit,” would grow the economy, create jobs, and strengthen recovery, thus reducing Social Welfare handouts and bringing back confidence to consumer spending. The US Congressional Budget Office recently found that this type of targeted credit is possibly the single most effective business tax option for boosting hiring and for spurring economic growth.
Hello Irish Coalition Government, has this idea been examined in any great dept by those charged with enhancing our own public finances? Must we, as a nation, continue to whinge about our self inflicted wounds, while forced to listen to Independent / Sinn Féin political doctrine, which advocates the type of future chaos practised in Greece & which we as a nation just love to hear, but secretly in our heart of hearts know full well is as useful as an ashtray on a motorbike.
Must Ireland vanish into the defecation, which has been heaped upon us by the greed, apathy, criminality and arrogance of some?
 Templemore Garda Training College
Elected representatives from all Government Party’s continue to disappoint their electorate residing here in North Tipperary. It started with jobs, industrial estates and factories, e.g. Sugar Factory, Erin Foods etc., being allowed to haemorrhage in silence.
Over the past few years these elected representatives have permitted the downgrading of our counties hospitals. Despite promises to the contrary, acute patients, normally cared for by Nenagh General Hospital, are now forced to attend an overcrowded, understaffed, scruffy Mid Western Regional Hospital in Limerick, for their elective surgical services. Limerick General Hospital is situated an extra 40.2km away from Nenagh, thus adding 45 minutes extra driving time, for those needing, very often, urgent care & attention.
The continuous, downgrading and slow eradication of the Garda Training College over this past year, despite Noel Coonan’s promises to the contrary, has succeeded in destroying the once strong local economy of Templemore town .
Added Insult To Injury
Now to add further insult to injury, Fine Gael’s latest proposal is to reduce the number of Garda Districts, here in North Tipperary, from six to five. This proposed plan is expected to lead to the closure of the Templemore District headquarters. The Templemore District, presently home to the Garda Training College, includes the town of Roscrea, which recently also lost its local Courthouse. If these proposals are agreed and carried out, any future mergers would be likely to lead to the closure of the district headquarters in Templemore, which logic would then indicate should merge with Thurles. Roscrea on the other hand would logically be merged with the Nenagh Town Garda District.
Readers will now fully understand why only 39% of the estimated 24,839 properties in North Tipperary paid their “Hogan,” Household Charges.
At the end of May, if rural Ireland has anything to do with it, an already clapped out, unimaginative Fianna Gael government, may find themselves getting a far worse backlash than the Household Charges. I am of course referring to the referendum on the Fiscal Compact Treaty, as residents of rural Ireland may decide they have had enough.
This latter treaty must be ratified by January 2013 and will take effect, once it is ratified by 12 of the 17 euro zone countries.
 Proposed Marlborough St Bridge
Latest ‘Household Charge Data,‘ shows that less than 4 out of every 10 householders in County Tipperary have paid this inequitable charge and are now being branded by Phil Hogan as “Unpatriotic.”
The inequitable €100 levy has been paid by only 37% of the estimated 30,368 properties liable in South Tipperary and by just 39% of the estimated 24,839 properties in North Tipperary.
Donegal however is the most “Unpatriotic,” recording the lowest payment rate of just 27%. (Wicked spiteful people, that Donegal lot, then again, like Tipperary, maybe they have no services being provided either.)
Maybe Phil Hogan should ‘zip his lips,’ especially when people get around to reading Fiachra Ó Cionnaith‘s column in the Irish Examiner, dated 28th April, which demonstrates that Household Charges in theory, were not really necessary, had existing Medical Cards expenditures been investigated by our present government.
While our Household Charges were due to raise €160 million for certain Local Authorities, without any effort made to identify peoples ability to pay, Medical Cards for people who are dead, or have left the country or have no longer any entitlement to same, are costing the taxpayer as much as €210 million annually. It would appear that a full audit of all people who hold medical cards has not taken place, meaning it is not yet known exactly how many people still have cards, despite having died, left the country or being no longer eligible. Do the sums, €210 million wasted in one department, while in another department €160 million is demanded, using dictatorial bullyboy tactics.
Simply put, taxpayers are paying far more than they should, to provide medical cards to non existent or non entitled people, to the tune of €210 million, while we taxpayers are being asked for unnecessary and further inequitable taxes, because highly paid public servants are incapable of controlling major financial waste and leakage.
Hope our lack of ‘patriotism,’ doesn’t affect Dublin City Council’s new €15million Marlboro St bridge, being funded by the Department of Transport, Tourism and Sport. I wonder from whence they will be acquiring this money? Yes of course, I forgot, it will come partially from us, the half-witted rural community.
When will rural Tipperary come out of it’s slumber and it’s elected politicians waken up?
US President Barack Obama today called on the American Congress to pass the “Buffett Rule,” a principle that ensures that millionaires and billionaires do not pay less in taxes as a share of their income, than middle class families pay, as a matter of fairness.
At the Fine Gael Ard Fheis today, Irish Finance Minister Michael Noonan said “a country is not just an economy, it is about people.” He described the building blocks of the economy as “stability, confidence and fairness.” He said everything should be about “better.” The minister told delegates that the burden in relation to our economy will have to fall evenly on people, and those who are strongest will have to contribute most and those who are weakest will have to be protected.
Two Questions For Minister Michael Noonan
- Was the Household Charge, introduced by Minister Phil Hogan, based on income and ability to pay?
- Where were the building blocks of fairness, when a majority of law abiding Tipperary householders, today, were forced to break the law?
Do the right thing. In your own words “treat all of the children of the nation equally.” Cancel this ridiculous, unplanned and unfair attack on low income earners. Enda Kenny has previously twice made reference to publishing ‘Report Cards,‘ on the work of each of his Ministers and it must now be obvious to him that Phil Hogan does not have the basic ability to carry on the work, taxpayers require of his office.
We also don’t envy success here in Tipperary. We also aspire to it. But we also believe that anyone who does well for themselves should pay their fair share in return, so that more people are given the opportunity to get ahead, not just a few.
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