Just read and tuck away in the back of your mind.
While we are not Ireland, we're not exactly swimming in dough.
At least it's not as bad as what they did in Argentina..take the pension funds themselves.
This is in place for 4 years.
You know this will be passed on to the pensioners and will come from their money directly.
Irish Bombshell: Government Raids PRIVATE Pensions To Pay For Spending
"The various tax reduction and additional expenditure measures which I am announcing today will be funded by way of a temporary levy on funded pension schemes and personal pension plans. I propose that the levy will apply at a rate of
0.6% to the capital value of assets under management in pension funds established in the State."
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