2012 Irish Budget
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2012 Irish Budget
The 2012 Irish budget was the Irish Government budget for the 2012 fiscal year, the first budget of the 29th Government of Ireland. It was presented to Dáil Éireann in two parts on 5–6 December 2011, with the first part delivered by Minister for Public Expenditure and Reform Brendan Howlin, and the second part delivered by Minister for Finance Michael Noonan. The budget contained tax increases, and spending cuts of €3.6bn for 2012.Irish Budget 2012
Finfacts. December 2012.


Before the budget

The budget was preceded by a rare televised national address by a when



Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, literally 'Chief', a title not used in English), who is elected by the Dáil and appointed by ...
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A National Address By An Taoiseach, Enda Kenny
A, or a, is the first letter and the first vowel of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''a'' (pronounced ), plural ''aes''. It is similar in shape to the Ancient Greek letter alpha, from which it derives. The uppercase version consists of the two slanting sides of a triangle, crossed in the middle by a horizontal bar. The lowercase version can be written in two forms: the double-storey a and single-storey ɑ. The latter is commonly used in handwriting and fonts based on it, especially fonts intended to be read by children, and is also found in italic type. In English grammar, " a", and its variant " an", are indefinite articles. History The earliest certain ancestor of "A" is aleph (also written 'aleph), the first letter of the Phoenician alphabet, which consisted entirely of consonants (for that reason, it is also called an abjad to distinguish it fro ...
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2012 In The Republic Of Ireland
Events during the year 2012 in Ireland. Incumbents * President of Ireland, President: Michael D. Higgins * Taoiseach: Enda Kenny (Fine Gael, FG) * Tánaiste: Eamon Gilmore (Labour Party (Ireland), Lab) * Minister for Finance (Ireland), Minister for Finance: Michael Noonan (Fine Gael politician), Michael Noonan (Fine Gael, FG) * Chief Justice of Ireland, Chief Justice: Susan Denham * Dáil Éireann, Dáil: Members of the 31st Dáil, 31st * Seanad Éireann, Seanad: Members of the 24th Seanad, 24th Events January *The Vita Cortex sit-in, occupation of the Vita Cortex plant in Cork (city), Cork, which closed in December, continued into the new year. * 1 January – the Government stopped paying expenses to former Taoiseach, taoisigh (prime ministers), while sweeping price increases for goods and services, and in value added tax (VAT), affected consumers when decisions announced in Irish budget, 2012, Budget 2012 came into effect. A controversial €100 household charge was appl ...
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2012 In Irish Politics
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is ...
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2012 Government Budgets
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit (measurement), unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest Positive number, positive integer. It is also sometimes considered the first of the sequence (mathematics), infinite sequence of natural numbers, followed by 2, although by other definitions 1 is the second natural number, following 0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally ac ...
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2011 In The Republic Of Ireland
Events during the year 2011 in Ireland. Incumbents * President: ** Mary McAleese (until 10 November 2011) ** Michael D. Higgins (from 11 November 2011) * Taoiseach: ** Brian Cowen ( FF) (until 9 March 2011) ** Enda Kenny ( FG) (from 9 March 2011) * Tánaiste: ** Mary Coughlan ( FF) (until 9 March 2011) ** Eamon Gilmore ( Lab) (from 9 March 2011) * Minister for Finance: ** Brian Lenihan ( FF) (until 9 March 2011) ** Michael Noonan ( FG) (from 9 March 2011) * Chief Justice: ** John L. Murray (until 25 July 2011) ** Susan Denham (from 25 July 2011) * Dáil: ** 30th (until 1 February 2011) ** 31st (from 9 March 2011) * Seanad: ** 23rd (until 20 April 2011) ** 24th (from 25 May 2011) Events January * 1 January ** The Civil Partnership Act came into effect allowing civil partnerships where hetero- and homosexual cohabiting couples have the same rights. ** Met Éireann confirmed that December 2010 was the coldest on record, with a temperature of -17.5 °C re ...
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2011 In Irish Politics
Eleven or 11 may refer to: *11 (number), the natural number following 10 and preceding 12 * one of the years 11 BC, AD 11, 1911, 2011, or any year ending in 11 Literature * ''Eleven'' (novel), a 2006 novel by British author David Llewellyn *''Eleven'', a 1970 collection of short stories by Patricia Highsmith *''Eleven'', a 2004 children's novel in The Winnie Years by Lauren Myracle *''Eleven'', a 2008 children's novel by Patricia Reilly Giff *''Eleven'', a short story by Sandra Cisneros Music *Eleven (band), an American rock band * Eleven: A Music Company, an Australian record label *Up to eleven, an idiom from popular culture, coined in the movie ''This Is Spinal Tap'' Albums * ''11'' (The Smithereens album), 1989 * ''11'' (Ua album), 1996 * ''11'' (Bryan Adams album), 2008 * ''11'' (Sault album), 2022 * ''Eleven'' (Harry Connick, Jr. album), 1992 * ''Eleven'' (22-Pistepirkko album), 1998 * ''Eleven'' (Sugarcult album), 1999 * ''Eleven'' (B'z album), 2000 * ''Eleven'' (Reamonn ...
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2013 Irish Budget
The 2013 Irish budget was the Irish Government budget for the 2013 fiscal year, presented to Dáil Éireann on 5 December 2012. It was the second budget of the 29th Government of Ireland. The budget saw the introduction of the local property tax at rates of 0.18% per annum and 0.25% per annum. Child benefit will be cut by €10 a month with €61m cuts in other household benefits. College fees will also rise in the next year by €250 a student while motor tax will also increase. A packet of 20 cigarettes increases by 10-cent while excise duty on a pint or beer or cider will increase by 10-cent, on a standard measure of spirits by 10-cent, and on a bottle of wine by €1. On 13 December 2012, Labour Party TD Colm Keaveney voted against the government on cuts to the respite care grant leading to his loss of the party whip. References External linksIrish budget, 2013 at ''Department of Finance''
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2011 Irish Budget
The 2011 Irish Budget refers to the delivery of a government budget by the Government of Ireland on 7 December 2010. It was also the fourth and final overall budget to be delivered by Fianna Fáil's Brian Lenihan as Minister for Finance. The budget for 2011 occurred in the context of a major recession, which followed the Irish financial crisis The post-2008 Irish economic downturn in the Republic of Ireland, coincided with a series of banking scandals, followed the 1990s and 2000s Celtic Tiger period of rapid real economic growth fuelled by foreign direct investment, a subsequent pr .... The budget was described as the most draconian budget in the history of the State, with €6bn worth of savings. Main points This is a list of the main points contained in the 2011 Budget. *No reduction in state pension. *€10 reduction in Child Benefit rates. *€8 cut for social welfare, jobseekers payments. *4c on petrol, 2c on diesel from midnight. *Revised air travel tax of €3 fr ...
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Carbon Tax
A carbon tax is a tax levied on the carbon emissions required to produce goods and services. Carbon taxes are intended to make visible the "hidden" social costs of carbon emissions, which are otherwise felt only in indirect ways like more severe weather events. In this way, they are designed to reduce carbon dioxide ( ) emissions by increasing prices of the fossil fuels that emit them when burned. This both decreases demand for goods and services that produce high emissions and incentivizes making them less carbon-intensive. In its simplest form, a carbon tax covers only CO2 emissions; however, it could also cover other greenhouse gases, such as methane or nitrous oxide, by taxing such emissions based on their CO2-equivalent global warming potential. When a hydrocarbon fuel such as coal, petroleum, or natural gas is burned, most or all of its carbon is converted to . Greenhouse gas emissions cause climate change, which damages the environment and human health. This negative ...
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Taxation In The Republic Of Ireland
Taxation in Ireland in 2017 came from Personal Income taxes (40% of Exchequer Tax Revenues, or ETR), and Consumption taxes, being VAT (27% of ETR) and Excise and Customs duties (12% of ETR). Corporation taxes (16% of ETR) represents most of the balance (to 95% of ETR), but Ireland's Corporate Tax System (CT) is a central part of Ireland's economic model. Ireland summarises its taxation policy using the OECD's ''Hierarchy of Taxes'' pyramid (see graphic), which emphasises high corporate tax rates as the most harmful types of taxes where economic growth is the objective. The balance of Ireland's taxes are Property taxes (<3% of ETR, being Stamp duty and LPT) and Capital taxes (<3% of ETR, being CGT and CAT). An issue in comparing the Irish tax system to other economies is adjusting for the artificial inflation of Irish GDP by the