Many struggling families may suffer with an additional €1,000 a year loss after they’re hit by a bundle of stealth charges, with a second wave of additional pain possible. According to Brendan Howlin, Public Expenditure minister, said €2.2 billion in spending cuts would leave all middle-income families to deal with considerably higher bills, as reported in the Irish Examiner.
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Government Plan VAT Rise to 23%
Economy NewsFinance Minister Michael Noonan has announced plans to increase VAT tax by 2% from 21% to 23%.
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