Brace yourself...€200m cuts and tax rises on way. IRISH taxpayers are being warned to brace themselves for further hardship with over €200m in increased charges and spending cuts on the way. Finance Minister Michael Noonan said his 'mini-Budget' would include more cuts and tax hikes. While the Programme for Government contains a pledge not to increase income tax, there are many other indirect taxes which could be increased instead. These include charges for State services -- for example A&E charges. The Government has promised a 'Jobs Budget' within the next three months which will cost €220m to implement. But it has to raise this money in other ways to ensure that the funding from the EU-IMF bailout deal continues to flow. Wage In the Dail yesterday, Mr Noonan confirmed that the Government would need money to pay for measures such as reversing the cut in the minimum wage, halving the lower rate of employers' PRSI and reducing the lower rate of V...
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