A radical analysis of the four year plan and call to action

national | eu | other press Wednesday November 24, 2010 15:18 by Various - WSM

Today the government announced the details of the four year plan required as part of the ECB / IMF ‘bailout’ of the banks. There will be five billion worth of new taxes and 10 billion worth of cuts under this so called ‘National Recovery’ which in reality will take 10% out of GDP. As we show below almost all these costs are being dumped on workers, particularly low paid workers, the very sector that gained little or nothing during the boom years. the richest 1% are left with most of their legal tax dodges in particular the ability to avoid paying tax at all if they spend 6 months on holidays out of the country.

Details of the cuts and how they target low paid workers while leaving the 1% untouched at http://www.wsm.ie/c/imf-ecb-four-year-plan-ireland

This report outlines the cuts and where they are happening and who is paying for them (i.e. us) and they finish up with a call to join the 1% Network march.

Next Saturday will see a major opportunity to demonstration your opposition to this plan. The ICTU has called a march through Dublin which will now be joined by many thousands of people. Join the 1% Network on the march who are demanding that the 1% must pay for the crisis and that workers must organise a general strike to force them to pay. Meet us at 11.30 outside the Lord Edward pub, across the road from Christ Church Cathedral.