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    Irish Tax Cuts Estimated to Cost Over €1.1 Billion

    2 days ago

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    The Department of Finance predicts that tax cuts for high earners will cost over €1.1 billion next year, affecting the planned €1.5 billion tax package for Budget 2027. Finance Minister Simon Harris aims to raise the threshold for the higher 40% tax rate to benefit middle earners. The Irish Fiscal Advisory Council warns that rising prices may reduce the effectiveness of these tax measures.
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