Adventures in Wonderland Inventive Banking

As the Irish Times says – In lieu of his usual column Newton Emerson this week offers the following excerpts from current Sinn Féin policy documents without further comment [Do I still have to pay him – Ed?] – to which I’d add.. Does that mean no copyright infringement then?heh heh..

‘We need inventive ways of using the Irish banking sector’
By Newton Emerson

In lieu of his usual column Newton Emerson this week offers the following excerpts from current Sinn F̩in policy documents without further comment [Do I still have to pay him РEd?]:

It has been clearly shown that the private and public banking companies have at times been active participants in systematic tax fraud.

Рfrom the 2002 Sinn F̩in pre-budget submission

When it comes to formulating tax policy there has been one question that successive governments have been afraid to ask. Who is paying tax and more importantly who isn’t?

Рfrom the 2003 Sinn F̩in pre-budget submission

We need more inventive and positive ways of using the massive financial resources of the Irish banking sector.

Рfrom the 2004 Sinn F̩in pre-budget submission

It is essential to reform and re-weigh the taxation system in favour of the low paid and to increase the overall tax take by targeting wealth, speculative property and corporate profits. Measures should include:

End tax avoidance schemes.

Measured increase in Corporation Tax and increased Capital Gains Tax for owners of multiple residential properties.

Create a 50 per cent tax band for incomes in excess of €100,000.

Рfrom the 2005 Sinn F̩in pre-budget submission

Creating new businesses and helping existing ones grow does not happen in a vacuum. It comes about in the context of the supply of skilled workers with access to transport.

Рfrom the 2002 Sinn F̩in general election manifesto

Communities have often formed their own new co-operatives, local currency networks, social enterprise and development projects.

Рfrom the 2001 Sinn F̩in policy review Breaking the Cycle

There is widespread recognition throughout Irish society of the need to invest in the new communications technologies.

Рfrom the 2001 Sinn F̩in Westminster election manifesto

Private property has been and remains an instrument of oppression of people the world over.

Рfrom the 2003 Sinn F̩in submission to the Oireachtas Committee on the Constitution

Sinn Féin proposes a tax on international financial speculation, with revenue to be used to promote development in the poorer regions of the world.

Рfrom the 2002 Sinn F̩in pre-budget submission

Sinn Féin believes that community economic regeneration and the partnership concept can act as catalysts for genuine socio-economic change if they are premised upon an ethos of inclusion and the principle of sustainable development at a local level.

Рfrom the 1998 Sinn F̩in policy overview Putting People First

Incineration and all attempts to impose incineration on communities against their will to be opposed.

Рfrom the 2004 Sinn F̩in local government manifesto

Poverty is a by-product of domination of the needs of profit over the needs of people.

Рfrom the 2004 Sinn F̩in discussion paper Eliminating Poverty

Society will pay greater costs in the future for the “free money” the politicians seek today.

Рfrom the 2003 Sinn F̩in policy document on private finance initiatives

We have a taxation system riven with systematic inequality, where vested interests are pampered and protected.

Рfrom the 2002 Sinn F̩in election document Building a Just Economy

It is to the continuing shame of recent governments that a large section of our high-income individuals have been able to pay tax at rates which are effectively below those of even the (lower) standard rate.

Рfrom the 2002 Sinn F̩in general election manifesto

Tax “loopholes” are indicative of the dominant culture of tax avoidance in which wealthy individuals and companies have grown accustomed to paying less than their fair share.

Рfrom the 2002 Sinn F̩in general election manifesto

Sinn Féin proposes to address both legal avoidance and illegal tax evasion as a high priority, confident in the knowledge that closing these gaps and effectively policing tax compliance will result in a dramatic increase in receipts taken.

Рfrom the 2002 Sinn F̩in general election manifesto

A rural investment bank needs to be set up that offers low-interest loans.

Рfrom the 1998 Sinn F̩in policy overview Putting People First

Everyone should have a meaningful role to play in developing the economy, particularly at a local level.

Рfrom the 1997 Sinn F̩in submission to the multi-party talks

The EU Council still meets and takes decisions in secret, without transparency or accountability

Рfrom the 2004 Sinn F̩in European election manifesto

Our view is that those who run the media should run it in public, and not behind closed doors.

Рfrom the 2002 Sinn F̩in general election manifesto

Government shall be accountable to the people and be based on openness, transparency and effective freedom of information legislation.

Рfrom the 2004 Sinn F̩in discussion document Rights for All

Newton Emerson is editor of the satirical website portadownnews.com

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