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1) General Forum

221 votes

Re-enact Justin Keating 1975 legislation on oil and gas and extend this to all OUR natural resources

What sort of Ireland we wish to live in. Will it be all about the financial benefit to the few or the maximum benefit to the People of Ireland.
We believed till recently that the cuts are necessary as the country is in a financial crisis but the truth is Ireland is one of the richest countries i... more

  1. Comments
  1. 3

    Jim

    Those are good solid recommendations, worthy of a republic.

    Is there any way of dealing with corporate money when it leaves the country? That is, some way of saying, "Leave your money in the country and we'll keep a low tax rate for you. Take it out and we'll tax the bejasus out of it!!!"

  2. 3

    The technology used for exploration of oil and mineral deposits has improved vastly over the decades since the seventies when the Irish sea bed was carved out into boxes to be sold off for exploitation.
    With the new maritime geological survey results perhaps its time to redraw the map and maybe fund a state corporation to exploit these deposits instead of wasting 5 billion on the metro north!

  3. 3

    We have less than 5 weeks to present to the public an alternative to the cuts
    This is going to be a differcult task. I was hoping that the event would have produced such demands. Based on what was done though, which was great, we need to put a clear set of demands together
    Along with the demand for Keating like legislation on our natural resources the Community Platform is call to:
    1. Reduce tax breaks for the wealthy to EU levels
    2. Introduce a Wealth Tax for high earners with assets worth more than €1m... more

  4. 3

    There are 10 billion barrels worth of fossil fuel off shore to gain from for our future. Bolivia and Norway both nationalised their oil industries, why can't we or at least re-enact the Justin Keating 1975 legislation

  5. 1

    It's amazing in a supposedly developed country we have given away our natural resources for next to nothing. A supposedly developed country which focuses on those on the dole or low to middle incomes for budget revenues. There is money there but the government is targeting the wrong groups and its actions will hit the economy through cutting purchasing power.

  6. 3

    Will those who did not listen to us during the Lisbon campaign listen to us now? I realise that times have changed but they still belive the lie that we have no alternative but to accept cuts. I sometimes feel I am talking to the deaf and that I am alone. Then I meet people like you and feel a sence of pride to be Irish and a hope for the future.
    Jim

  7. 3

    I know, Jim, just being facetious. I personally would never vote for any upward transference of powers and rights but I have to abide by the so-called majority, who have yet to realise the consequences of their Lisbon treaty 'decision'. ;)

    David

  8. 3

    When I say "we" I am talking about the people of Ireland.
    Let us be one
    Jim

  9. 3

    Careful with the 'we'!!!

    But yes, the Lisbon treaty handed the family silver the mafia.

  10. 3

    Is it not the case though that we supported the sell off of our esesntial services when we voted for Lisbon Treaty?
    Jim

  11. 3

    We are only at the beginning of selling off our resources. Rossport (and now Coillte), along with the eircon fiasco, are just three blatant examples of the disregard our politicians have for things which do not belong to them.

    Yes, I know we elect politicians on their stated policies but where on earth is the forward thinking, both in them and the electorate?

    The health service privatisation is on-going, as are the road networks; ESB is next; then the Post Office along with all the state and semi-state... more

  12. 3

    I lokk forward to the Claiming our Future event. It will be impossible to meet 1000+ people but homefully many of you.
    Jim

  13. 3

    Anonoymous you say "They gave away all the oil and gas in rossport. Now they are about to """Sell""" one and a half million acres of land (Coillte). About one eight of our land is about to be given away without one shot been fired."
    Yes! and our Health, Education and all public services that can make their friends even richer

  14. 3

    There is a realisation of the lack of taxation of our natural resources by many Irish people, I believe. There are 131 votes for this in Ideas and in Facebook causes 1,300 members.
    Ok! So what are we going to do about it? How can we refuse to accept the cuts and demand a fair return from OUR resources? The main parties including Labour are refusing to take up the issue and program for Government along with taxing of the wealthy. Labour say they represent us let them prove it.
    Jim

  15. 3

    Thank you Praxis for that information
    What sickens me I hear from our polititions every day how terible the cuts are affecting the people of Ireland. Yet there is no mention of taxation of the wealthy people of the nation.
    A Revenue Commissioners’ analysis for 2008 showed that 189 high-income individuals with an annual income of €500,000, or more, paid an average tax rate of just 19.86%. Of 234 individuals earning between €250,000 and €500,000:

    * 54 paid tax at a rate of between 0% and 5
    * 34 paid tax a... more

  16. They gave away all the oil and gas in rossport. Now they are about to """Sell""" one and a half million acres of land (Coillte). About one eight of our land is about to be given away without one shot been fired. What did the men and women of 1916 die for?

  17. 3

    Reports by the Petroleum Affairs Division (branch of the Dept of Communications, Energy and Natural Resources which is responsible for Irish gas and oil) estimate a potential 10 billion barrels of oil equivalent in the Atlantic Margin (West Coast). This is worth around €600 billion for the West Coast alone. Providence Resources, part owned by the O'Reilly family ( the same family with shares in the Independent Newsgroup) recently announced a find of 870million barrels of oil off the Dublin Coast...

    t... more

  18. 3

    Can anyone tell me what is the present value of OUR Natural mineral, gass and oil Resources. The government seem to be very quite on this subject. It is argued that if we increase our corporation tax of 12.5% companies will leave Ireland but in therm of natural resources they cant move them somewhere else.

  19. 3

    You are dead right Marie. Tax the wealth of the nation. Small and medium sized business is being destroyed by these cuts. We are being taxed out of business while the wealties people in the country are getting away scot free as shown by the info you provided.
    The Revenue Commissioners’ analysis for 2008 showed that 189 high-income individuals with an annual income of €500,000, or more, paid an average tax rate of just 19.86%. Of 234 individuals earning between €250,000 and €500,000:

    * 54 paid tax at a ... more

  20. 3

    Marie get things right before you post comments. But to your credit your demand for our natural resources to benefit the Irish People is something we should all be calling for.

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