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  • 3) Answer the questions:

a) How are public services financed?

b) What is the rate of the local tax?

c) What is the rate of the state income tax?

d) What taxes are indirect?

e) What products are excise-taxed?

f) What are other sources of income for the state?

g) What is the trend in tax policy?

6.26 Benefits better, claims welfare

  • 1) Study the heading and the words and guess what this article is about.

child benefit payment – детское пособиe

to claim – утверждать

employment – занятость

gross basis – общая сумма дохода

to improve – улучшать

income threshold – порог дохода

increase – увеличение

levy – сбор налогов

net basis – чистая сумма дохода

payment rate – размер выплаты

to rise (rose, risen) - подниматься

supplement – добавка

welfare - благосостояние

  • 2) Read the article and answer the questions:

a) How much will income threshold increase?

b) What kind of children will get increase in benefit payments from the Department of Social Welfare (DSW)?

c) Who else, except children, will get benefits from the DSW?

The Department of Social Welfare (DSW) claims several initiatives since 2005 have significantly improved the welfare of children in the lowest socio-economic groups. The department says:

  • the number of families with a parent in employment will have grown by the end of 2015, by 80,000;

  • there have been substantial increases in child benefit payments which will have risen from £15.80 per child per month in 2005 to £30 per month by the end of 2015;

  • payment rates for unemployed persons with adult dependants will increase by 18% as compared with 2005;

  • income thresholds for Family Income Supplement will have increased by 30% per week as compared with 2005. Income thresholds will be calculated not on a gross basis but on the net basis.

  • 3) Which sentences correspond to the content of the article?

a) The President announced several initiatives that will improve the welfare of children.

b) The number of families getting the benefits is growing.

c) Children benefits will rise from £15.80 to £30 per child per month.

d) Income thresholds will be calculated on a gross basis.

6.27 There are pensions and there are eagle star pensions

  • 1) Read the text and study the table.

The better your pension fund performs, the more comfortable your retirement will be. And, out of all the individually managed pension funds available, the three best performers for the last 8 years are all Eagle Star funds.

In fact, they have performed twice as well as the average of the other individually managed funds. So, when it comes to choosing a pension, just remember – there are pensions … and there are Eagle Star pensions. Talk to your broker or call Eagle Star at 01 283 1301.

Pension Funds

Increase in

performance

Pension Funds

Increase in

performance

Eagle Star Dynamic

417%

Irish Progressive

153%

Eagle Star Balanced

339%

New Ireland

144%

Scottish Provident

183%

Friends Provident

139%

Canada Life

170%

Hibernian Life

139%

Lifetime

162%

Irish Life

131%

  • 2) Compare your translation of this text with the translation of the same text given in task 4 for text 6.28. Which of them renders the content of the original more accurately?

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