Government to bring low income families into Tax Net

The Government looks set to decrease social welfare payments and bring more low income families into the tax net. By bringing low income earners into the tax net the government will use this and deflation as an excuse to cut social welfare payments arguing they have to cut dole payments so it doesn’t become more beneficial to be unemployed than employed. They will also use the fact that prices have dropped by 6% as an excuse. This however ignores the fact that if the gov pass a carbon tax both fuel and heating prices could rise by 10%.

Debt Assist can only see worsening circumstances for low income families who are struggling with debt or have mortgage arrears. No matter how you look at it next weeks budget will reduce your typical families spending power either directly through taxation or indirectly through price increases. Debt Assist can help anyone who is having problems with debt and can often reduce a client’s repayments by up to 50%.
Call us on 1890 87 67 27 or visit us at http://www.debtassist.ie/ to book a free consultation with one of our advisors and see how we make sure that you only pay what you can afford to pay.