The Budget 2011 contains a number of reforms which are likely to affect people at all levels of society.
These are just a few of the key proposals unveiled by Finance Minister Brian Lenihan are:
- Social welfare payments are to be cut by 4%.
- A cut of 10 euro a month in child benefit for the first & second child and an additional cut of 10 euro for a third child.
- An increase in the excise duty on petrol by 4 cent and diesel by 2 cent by midnight,although alcohol and cigarettes are untouched until next year.
- A 4% cut in all public sector pensions above 12,000 euro a year.
- A 10% lower starting rate for new employees in the public sector, including judges.
- Reform of state cars with former Taoisigh and Presidents given a pooled system with the number of garda drivers cut.
- Immediate reform of stamp duty to standard 1%
- One of the jets,The Gulf Stream Government jet, which is at the end of its life span, will not be replaced.
You may remember last year Brian Lenihan told us we had turned the corner,well i suppose in a way we did and ran into a brick wall.I wonder what is around the corner we are currently turning??
Everyone is going to have to pay more,unfortunately some are already at breaking point and cant afford these charges.
It is now time to find another way of replacing that lost income
I can show you how to replace your lost income
