Thursday, January 24, 2013

The Poverty Tax

The property tax is a farce. It is another bull shit tax...like the  parking levy.  What fucking genius thought that one up?  And why do we need to pay for parking on the street when we're already paying a parking levy?  How many PAYE workers pay the parking levy but actually don't own a car...?  Farce.

It is NOT a property tax. It is a poverty tax.  It is a direct PAYE tax on people's homes. What about all the PROPERTY lying idle all over the country ... office blocks, apartment blocks and empty housing estates, that the bankster developer mafia financed fraudulently, knowing it could never be paid back, and now the ordinary man in the street, who BENEFITTED NOT ONE JOT from their celtic tiger, has been handed the bill to cover THEIR losses!!???

You have to admit ... the scam is simple and quite brilliant - pretty impressive really. 

An 'investor' (someone who gambles with peoples lives for a living ) borrows 50 million from a bank. Now, the money doesn't actually exist, but the bank writes it on their books anyway.  The investor takes his 50 million, and gives 30 to a 'developer', to build some piece of shit office block or apartment block.  The 'developer' pays the 'builder' 15 million, who then builds something for 10 million, that is only worth 5.

The government, collecting more money than they know what to do with during the construction boom, through income tax, VAT, corporation tax, Relevant Contracts Tax, and not forgetting brown envelopes, skim a nice piece off the top for themselves, securing it in iron clad salaries and pension contracts, covering their asses by giving a percentage to the top civil servants and their union leader buddies. Meanwhile the health service, education system, armed forces, garda siochana, and loads of other saps, think that there's money in the kitty for the next 50 years, and soon they'll get theirs so they're happy......  dumb-asses!!

Now the building is finished, but stands empty. The prospective tenants have either gone out of business, or no longer have the income to pay the rent. So The bank loaned 50 million for a building that's now worth 2. The bank aren't gonna get their money back. and the government can't admit the truth cos they're balls deep in the shit. They decide to prop up the house of cards, by underwriting the imaginary money that was loaned to the gambler, ... taxing the people who can't afford the empty apartments that aren't fit for habitation anyway (Priory Hall).

So the investor, (who still has 20 million in his back pocket), plays golf with the developer, (who has 15 million), then they all go to dinner with the builder, who pocketed 5 million, and probably took a load of creditors for another 5, and the politician who gets quarter of a million a year salary, and quarter of a million a year pension, and has the brass neck to claim the dinner on his expenses.

Meanwhile people are dying in supermarket doorways, pensioners are dying of hypothermia because they had to decide between food or fuel, teenage girls are committing suicide because the whole notion of community died somewhere in the stampede for second homes and the latest mobile phone, our wages are going to private individuals under an extortion racket run by the 'Troika' (sounds suitably fascist) instead of being used to pay for public services for the people.

Tell me ..... Why the fuck am I paying for some crooked fat cats poxy office block??? ......Why is MY house, worth more than their soon-to-be-derelict white elephants????? .........IRISH PEOPLE WERE SHAFTED ...... PLAIN AND SIMPLE !!!! 

TAKE THE POWER BACK!!

ICELAND DID IT!!

Give me 1 good reason why we can't..................


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The Emerald Fist

The Emerald Fist