Taoiseach Micheál Martin has said that the Government is looking at a range of measures to help combat the current rise in the cost of living | https://t.co/uN2IgtBJXz pic.twitter.com/wQpd5FgdOk
— RTÉ News (@rtenews) February 7, 2022
This afternoon.
“The priority right now is that we can bring in a range of measures that would cushion the blow for many, many people out there who clearly are suffering the impact of price rises and that is the agenda at the moment.
“The Minister for Public Expenditure and the Minister for Finance are working on ideas around that.”
“We have indicated more broadly that we are looking at charges, we are looking at costs that people have to bear. You will recall last week the Leaving Cert fees were waived, so we are looking at a range of charges that we could reduce costs for people in their ordinary, everyday lives.
“We want to do some measures like we did in the Budget, targeting people on low incomes to weather this particular inflationary cycle.
“We all need to be realistic in terms of what’s achievable.
Taoiseach Micheál Martin this afternoon.
We’re all in this together.
Govt has to plan for ‘medium term’ cost of living increases – Taoiseach (RTE)
Meanwhile…
#Grocery price #inflation in #Ireland reached its highest level (1.7%) since October 2020 in the latest 12-weeks putting household budgets under pressure, according to the latest data from @Kantar. https://t.co/yk9CxeBEdk
— European Supermarket Magazine (@esm_magazine) February 7, 2022
We have one of the highest VAT rates in the EU at 23%. Its 20% in France, 19% in Germany, 21% in Sweden etc. VAT is accepted to be a hugely regressive tax, with far more impact on low earners than high earners.
A very easy way to lower inflation and living costs over night would be to reduce our VAT to 20%.
yes please
We need to lower the cost of living in this country – wage increases and subsidies just fuel inflation which fuels more wage increases and “one-off” subsidies which fuels more inflation.
Interest rates will surely rise, but regardless of that, we need to lower our cost base in this country.
Yes, and reducing the VAT rate would instantly reduce the cost of living in this country. It would increase living standards without adding to inflation the way the other subsidies/wage increases will do.
Wait till the wage increases kick in .Someone on the radio summed it up.
Every worker is hammered by carbon taxes when they drive their can to work and heat their homes because of global warming ,then goes on a holiday by airline and as a result maybe adds on six months emissions as a result No carbon taxes levied on those trips.
But inflation is mainly down to the squabble over Russian troops on their side of the border .As everyone plays billy big balls Russia jams up the price.
We are all paying for this ,and in all honesty why the hell would they even try to invade a nation that like Ireland before the GFA is at war with its self .and has no chance in hell of making peace with its self .
A one time waiver of leaving cert fees plus a one time discount on your electricity bill. Not exactly helping the tax payer as much as creating headlines to pretend they are
I love the passport one .
You must exit the country to benefit from it.
Also as one dose ,one’s global footprint goes through the roof.
Waffler…they should get rid of the USC like they said they would.
The root cause of inflation is the amount of money that has been printed.
And the result of that is devaluing what the experts call fiat currency
Mine would be an emergency law just like thy used to keep us chained up in the pandemic of forcing banks to lower the interest rates which are double the EU average
One time government was allowed to control the interest rates rises .
It’s time government governed .
Or there is the door.
Like the Fed, the ECB will start raising interest rates in an attempt to curb inflation. This will be passed on to mortgages. The sovereign debt bubble around the world is the bubble that is waiting to burst. All the other things been discussed above is rearranging the deck chairs on the titanic.
All that money given to massive funds and companies at 0% or for next to nothing has been used to buy up tangible assets.
‘As a community we are living away beyond our means’
FF leader in the 80’s….what has changed in 40 years?
I think that maybe if Charlie could be cloned it would be better than present day administers
We do not have a government just a bunch of receivers approved by the troika .
I would say government battens down the hatches and just Brazens it all out .
‘Looking at’ x 3
‘Working on ideas’
usual bull
Gas. It’s like 2007 again minus the property credit fiasco. Nice governing !
I think that maybe if Charlie could be cloned it would be better than present day administers
We do not have a government just a bunch of receivers approved by the troika .
I would say government battens down the hatches and just Brazens it all out .