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Budget Tightrope: Tax Cuts and Tough Choices | Cork News
The government’s budget juggle is heating up: €1.5 billion earmarked for tax cuts, but nearly €6 billion more for daily spending—forcing departments to slash budgets and prioritize. Childcare and public pay deals may get a boost, but flashy new programs are on hold. Finance ministers hint at raising the higher tax threshold further, from €44k to even higher, arguing hard workers shouldn’t be unfairly taxed. Meanwhile, Ireland’s economy thrives with record employment, yet global chaos—shipping delays, AI disruption, trade wars—casts a shadow. The goal? A smarter, more targeted budget to ease…
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