February 8, 2015

BAILING OUT FROM THE BOTTOM UP:

Scotland's Government is about to 'write off' £425 million! Surely a reckless move? (Graeme Mackay, February 2, 2015, IB Times)

Sadly, one piece of legislation passing through Holyrood at the moment with neither of these attributes and winning verbal criticisms of "Reckless", "Bizarre", "Misguided" and "Tax Dodgers's Charter", is a bill to bring an end to the collection of debts owed for non-payment of the Community Charge (aka Poll Tax) in Scotland.

The amount still owing is £425.3 million and will be "written off" with Scottish local authorities to receive £869,000 in compensation - little was being collected in recent years - and the authorities will be unable to pursue payment as of 01 February.

Croatia's leftist government to forgive debt to 60,000 poorest ahead of election (Associated Press, Feb. 2, 2015)


Starting Monday, the citizens whose debts do not exceed some 4,500 euros ($5,000) and whose bank accounts have been frozen for more than a year, can apply for the scheme dubbed the "Fresh Start."

The government says on its website that the measure is designed to help the poorest citizens cope with the economic crisis for which they had no responsibility

Posted by at February 8, 2015 7:10 PM
  

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