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Government’s 8.5B Budget Plan Revealed | Cork News
The government is preparing a major 8.5 billion euro budget for 2027, with 7 billion earmarked for new spending and 1.5 billion from tax tweaks—focused on rewarding workers, boosting public services, and upgrading housing and transport. This summer’s economic statement previews the full budget, with the finance minister pushing for income tax cuts to ease worker burdens and prepare for global economic shifts. A notable shift from last year’s VAT-focused relief, this plan prioritizes worker support, includes AI-driven upskilling via the National Training Fund, and hints at potential…
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