'Reducing VAT, reducing Carbon Tax, reducing excise duty – that actually goes mostly to higher income households,'
Yesterday, Taoiseach Leo Varadkar promised energy supports for households and businesses as part of a cost-of-living package in the upcoming budget.
"Somebody on €40,000 or more a year gets €3000 more in their pocket than they would have, had there been a left-wing Government in office," he said.said the reach of the supports will"depend on how exactly they are channelled". "The reason we have revenues there is because the design of the windfall taxes actually hasn't put downward pressure on energy prices directly, but it's scooped up extra profits after the fact," she said.
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