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Budget to hit wallets
Irish Daily Mirror
|October 11, 2025
'Measures will cut disposable income by 2%'
BUDGET measures will cut disposable incomes in average households by 2%, according to a study.
A Budget package of €9.4 billion was outlined on Tuesday, containing measures such as €10 welfare payment increases, a reduced VAT rate for hospitality and funding for a basic income scheme for artists.
There was no one-off cost-of-living measure outlined alongside the Budget this year.
The Economic and Social Research Institute (ESRI) said the income losses are mostly due to the withdrawal of cost-of-living measures, such as energy credits.
Dit verhaal komt uit de October 11, 2025-editie van Irish Daily Mirror.
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