Campaign Against Household & Water Taxes (CAHWT)
Press statement 25 Jan 2012 – issued after protest at Anglo Irish Bank offices, Dublin, by Campaign Against Household & Water Taxes.
The protest was supported by 9 TDs backing the non-payment of the household tax.
Single Anglo payment dwarfs household & austerity taxes
Witholding Household Tax can send powerful message about the bailouts
The payment today of €1.25 billion to Anglo Irish Bank unsecured bondholders is a national scandal. This payment in a single day equates to eight years full collection of Household Tax. The government threatens householders hoping to collect €160 million in a year, but meekly transfers over eight times that amount in one payment in one day to Anglo!
Ordinary people are being asked to accept penury to enrich anonymous bondolders in this and other banks.The ongoing funding of Anglo requires no end of new taxes and charges be placed on householders. All the resources of the state are being geared for the bailout.
The annual transfers promised to Anglo will overwhelm and swallow up any amount of property and water taxes. The sums are staggering and completely contradict government claims that new taxes will benefit public services.
€74 billion is the estimated ongoing cost for Anglo and means that every single man, woman and child in the State will pay €16,157 to cover the promissory note to a toxic bank that no longer holds deposits. This is €24 billion more than the cost of running the State for a full year. It would fund the entire health system for nine and a half years.
The Campaign Against Household & Water Taxes calls on all ordinary people to state ‘we will not pay for bankers and speculators’ by witholding payment of the new Household Taxes. A mass non-registration, non-payment campaign against this new austerity measure is our first real chance to send a message to government about the opposition of our people to the bailout of bondholders.
CHECK OUT OTHER RELATED ARTICLES:
- Press Statement: Campaign Against Household & Water Taxes (CAHWT)
- CAHWT Press Statement: Household Tax registration headache for government
- CAHWT Press Statement: Hogan’s climbdown reflects growing pressure on home taxes
- Video: Leading Campaign Against Household & Water Taxes activists announce first steps of building non-payment campaign
- CAHWT Press Statement: Anti Household Tax Hotline Launched 1890 98 98 00
