Irish Austerity Measures, Taxes Lead To Vanishing Disposable IncomeKieran Ball
Diminishing disposable income in Ireland could soon affect share prices, as consumers spend less money in the private sector. Inflation beating increases in items such as alcohol and health insurance, combined with a raft of new government taxes has meant that the Irish public has less to spend than ever.
A recent survey found that half the population have less than €100 in disposable income left each month . . .
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