High earners hit worst by austerity tax hikes, survey shows

“A decade on from the dawn of the financial crisis, households across the State still bear the scars of the years of austerity that followed. Decisions to introduce the universal social charge (USC), a levy on public-service pensions and the local property tax, and to cut benefits such as children’s allowance and abolish the PRSI ceiling, continue to have a lingering effect on our disposable income …” (more)

[Fiona Reddan, Irish Times, 2 October]

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