Average worker will be 1,000 better off after Budget 2025 says Finance Minister Jack Chambers
Briefly

Jack Chambers emphasized that reductions to the Universal Social Charge (USC) would be 'central' to Budget 2025, aiming to enhance fiscal relief for low- to middle-income earners. He highlighted that a competitive income tax system is vital, particularly in rewarding work. Chambers stated, 'I think...average workers should benefit (by) at least €1,000.' This reflects a broader intention to design a tax package that maintains a progressivity ensuring that the financial burden is shared fairly.
Stephen Donnelly noted the desire to broaden the eligibility for free IVF in Budget 2025, addressing challenges faced by families. He remarked, 'There are still couples who maybe they can avail of one cycle with the State, but then may have to fund it themselves.' This underscores a commitment to making healthcare, especially reproductive services, more accessible to a wider demographic, thereby alleviating financial strain for those pursuing family planning.
In his statements, Chambers mentioned that energy credits would be 'a strong component' of the cost-of-living package, as many still cope with high energy prices. He stated, 'What I would say is...the decisions that we make on energy credits will be about protecting families.' This approach highlights the government's strategy to address ongoing economic challenges faced by families during the winter months, emphasizing the urgent need for tangible financial support.
Chambers criticized Sinn Féin's proposals related to the Apple tax windfall by arguing that such suggestions could disrupt the established economic model. He stated, 'That's certainly an area we're looking at,' signaling the delicate balance needed in managing fiscal resources amidst political disagreements. This reflects the complexities of budgetary decisions amid differing political agendas, particularly in regard to maximizing economic gains for the community.
Read at Irish Independent
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