Article

2011-04-02 Europe

IMF & EU order Irish Republic to impose property tax

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Posted by Anguper Hupomosing9418 2011-04-02 00:00|| || Front Page|| [11126 views ] Top

#1 THE Government has been ordered by the EU/IMF to impose a property tax on all homeowners within a year.

The end of sovereignty. Traded the old English masters for new ones. That lasted less than a hundred years.

Posted by Procopius2k 2011-04-02 00:39|| 2011-04-02 00:39|| Front Page Top

#2 The Irish should tell them to F off. Leave the EU and go back to having the Irish Pound, which was a pretty strong currency for the most part.

Posted by Secret Master 2011-04-02 01:59|| 2011-04-02 01:59|| Front Page Top

#3 All that to appease the bond holders who so foolishly lent the Irish all that money when the credit was fast and foolish. An Irish default seems a far better choice for that country.

Posted by Anguper Hupomosing9418 2011-04-02 02:34|| 2011-04-02 02:34|| Front Page Top

#4 And by the way, what will happen when US states cannot pay their contractual obligations to the pension payouts for their retired employees? The "Contract Clause" in the US Constitution includes a bar on any state passing a "Law impairing the Obligation of Contracts."
Think a federal court could order a state to impose a property tax to meet its contractual obligations? IANAL.

Posted by Anguper Hupomosing9418 2011-04-02 02:39|| 2011-04-02 02:39|| Front Page Top

#5 Federal judges have long been ordering States to appropriate money to spend on the judges whims, usually public education. The set daily fines to force the legislatures to act immediately, as well as appointing "special masters" to oversee how the judges' dictates are carried out.

Posted by Anonymoose 2011-04-02 08:10|| 2011-04-02 08:10|| Front Page Top

#6 Pathetic European socialism and tyranny.

Posted by newc 2011-04-02 10:13|| 2011-04-02 10:13|| Front Page Top

#7 AH, in an 80s infamous case of the Kansas (Missouri) City School District, a federal judge imposed a new tax on the citizens of Missouri to pay for his program of school improvement justifying the tyranny by finding the system had discriminated against the usual 'protected group' based upon outcome. It was finally overturned by SCOTUS, who however didn't directly strike it down for its abuse of power but in their terms, because he had failed to exhaust all other alternatives. None the less it was collected and allocated by his fiat. When it was finally overturned the pols in Missouri used it as an excuse to keep it in place [why should we be surprised]. All the money didn't stop the school system from decertification in the 90s. info

Posted by Procopius2k 2011-04-02 10:27|| 2011-04-02 10:27|| Front Page Top

#8 The more we do to you, the less you seem to believe we are doing it." - Joseph Mengele

Posted by Jack Salami 2011-04-02 10:28|| 2011-04-02 10:28|| Front Page Top

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