How to get out of a recession – Ireland’s Financial Times
Ireland’s economic recovery is unlikely to hit the headlines, but the Irish Government is not letting that stop it from pushing forward with plans to slash corporate tax rates and increase capital gains tax relief.
In a speech in Dublin on Tuesday, Minister for Finance Paschal Donohoe told the National Council for Public Expenditure and Reform (NCPE) that the government is making “significant progress” in reducing the burden of corporate taxes on Ireland’s economy.
It has also pledged to double the capital gains allowance to 20 per cent by 2020, which will see the top rate of 50 per cent drop from the current level of 45 per cent.
Donohye also pledged that the Irish government will continue to make progress on a long-term investment plan.
“We have committed to making significant progress on the long-haul investment plan,” he said.
“The long-running plan to raise private investment and create jobs will be in the works and will continue as part of the Government’s long-range economic strategy.
“Ireland will continue its long-held approach of promoting a low corporate tax rate, but also will take steps to make it easier to bring companies back into the public sector. “
Our long-standing commitment to promoting public investment in the private sector and to a sustainable growth economy is now in the process of being implemented,” he added.
The current structure, however, is not working for Ireland. “
This is not a new idea, but it is an important step in a long process of reforming our tax system.
The current structure, however, is not working for Ireland.
The Irish government is also working to ensure that our businesses remain competitive and competitive in the global economy.”
While a recession is not yet inevitable, the country’s economy is likely to take a hit.
Unemployment is currently at 6.3 per cent, with inflation rising to 5 per cent and a growth forecast of just 0.7 per cent this year.
There are fears that the slump will spread to other parts of the economy, as inflation has risen to 5.3 percent, while unemployment has risen from 4.3 to 6.5 per cent in recent months.
“Inflation is a big issue, but I think we need to recognise that inflation is not the only issue facing the economy right now,” Mr Donohoy said.
Ireland is one of the European Union’s poorest countries, with average incomes in 2015 being around €20,000, below the EU average of €40,000.
In order to keep its economy from going into a recession, the government has also been investing heavily in infrastructure.
The National Development and Reform Commission has promised to spend €500 million in the coming year on the development of new roads and bridges, as well as upgrading the national electric grid.
How to tell if you’re a ‘real’ Milwaukee fan
With the Bucks’ season now over, the Milwaukee Bucks have been relegated to the depths of the NBA playoffs, with the rest of the East being forced to settle for a 1-3 record and a first-round exit.
But what if you had no idea what was going on, and the Bucks simply couldn’t stop playing their beloved Bucks games?
This is how to tell, according to our friends at the Milwaukee Brewers.
From here, we’ve got the usual suspects.
For starters, there’s the standard Milwaukee team of Giannis Antetokounmpo, Jabari Parker, Jabar Goulbourne, Jabara Jennings and Khris Middleton.
This is the best of the bunch, with a pair of reserves who are starting to make an impact in their own right.
Then, there are the Bucks, who have a healthy, healthy roster that includes Jabari Brown, Dewayne Dedmon, Spencer Hawes and even one who was just a rookie last season in Darryl Banks, a solid defender at power forward.
And finally, there is Jabari Johnson, the Bucks starting shooting guard.
This isn’t just about being a Bucks fan, but about being in a place where the Milwaukee organization is so well respected and the city is so close to a Super Bowl.
For this to be the best version of this team, there has to be a way to keep the fans involved.
If you can’t do that, then you can still enjoy the game as a Milwaukee fan.
We asked the Bucks team social media director, Chris Pacheco, for his thoughts on this, and he gave us the recipe:Get a few friends to watch games together, and have them wear Bucks gear.
Then, have the Bucks have fun in a way that isn’t overbearing or intimidating.
If the Bucks are playing, have your team practice on the streets of Milwaukee and wear Bucks jerseys in front of fans.
And, if you have an open house with fans who aren’t from Milwaukee, have a fun game where the fans come out of their homes and get to wear Bucks clothing.
This will keep the Milwaukee fans in the game, and also get them to come back when the Bucks get back on the road.
The best part about this is that it won’t cost a fortune, since we’re only going to spend around $10 a ticket.
If we can sell out every game, that could be a significant savings for fans.
So get your friends to do this, if they can.
The Bucks have the luxury of not having to deal with the hassle of a ticket scalpers.
They’re going to have to focus on what matters most: winning, so we’ve asked them to start with that.
