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Wed 10 Oct 2008Tobacco, alcohol and petrol hikes worth €345m
DÁIL DEBATE:TOBACCO, ALCOHOL and petrol price increases which came into effect from midnight last night will earn the exchequer €43 million by the end of this year and €302 million next year.
During a late night Dáil debate on income and excise increases, all parties accepted the 50 cent increase on packets of 20 cigarettes and the 50 cent increase on bottles of wine, as well as a move to increase the tax on betting from 1 to 2 per cent, which comes into effect on January first next.
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