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Tue 04 Apr 2009Budget doubles levies and cuts child payments
Minister for Finance Brian Lenihan has doubled the income levy, doubled the health levy, scaled back mortgage interest relief and cancelled the December social welfare bonus.
Mr Lenihan delivered the toughest Budget speech in the history of the State in the Dáil this afternoon which also includes the abolition of pensions for sitting TDs and plans for means testing of child benefit as well as a possible carbon tax and a tax on property in the coming years.
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