Politicians Want to Raise Thresholds for Undeclared Gifts and Shares

20/05/2008 - 12:02:18

New draft legislation that would effectively hide aspects of politicians' financial dealings from public scrutiny is threatening to cause a rift between the Government partners.

The Green Party says it is not enthusiastic about a proposed bill that would allow politicians greater secrecy around the acceptance of gifts and the declaration of shares.

Politicians currently have to declare gifts worth €650 or more and shares worth €13,000 or more, but these figures could increase to €2,000 and €20,000 under the proposed legislation.

Speaking in Dublin today, Green Senator Dan Boyle said his party was in favour of maximum disclosure with the lowest thresholds possible

(Source: Breaking News .ie)

What can possibly justify this change?

650 quid isn't much of a pressie these days. Pressie inflation is at an all time high.

cactus flower wrote:

20/05/2008 - 12:02:18

New draft legislation that would effectively hide aspects of politicians' financial dealings from public scrutiny is threatening to cause a rift between the Government partners.

The Green Party says it is not enthusiastic about a proposed bill that would allow politicians greater secrecy around the acceptance of gifts and the declaration of shares.

Politicians currently have to declare gifts worth €650 or more and shares worth €13,000 or more, but these figures could increase to €2,000 and €20,000 under the proposed legislation.

Speaking in Dublin today, Green Senator Dan Boyle said his party was in favour of maximum disclosure with the lowest thresholds possible

(Source: Breaking News .ie)

What can possibly justify this change?

Cheekiness! That's a very bad idea. A business has to declare in its accounts every sum, no matter how small - and so should politicians.

EvotingMachine0197 wrote:

650 quid isn't much of a pressie these days. Pressie inflation is at an all time high.

Wouldn't even buy you a cheap politician ?