Monday, February 9, 2009

Taxpayers to fork out an extra €2bn next year

TAXPAYERS are likely to have to stump up an extra €2bn from next year as part of the government's plans to bring order to the public finances. It is expected that around half of the planned €4bn "adjustment" in the public finances for 2010 will come from extra taxes.

Informed sources say that the introduction of carbon taxes and increases in in-come tax rates are both "inevitable", while a property tax on every home in the country is "a distinct possibility".

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