Budget 2012: Top 20 budget hits of 2012

David Fennell of Ernst & Young identifies the top 20 revenue-raising measures from spending cuts and tax increases announced.

11th December, 2011
Budget 2012: Top 20 budget hits of 2012
Budget 2012 relied on a creative list of cuts, charges and taxation measures.

Pre-election and Croke Park Agreement commitments ruled out income tax hikes, cuts to main social welfare rates and public sector wages.

Thus, Budget 2012 relied on a creative list of cuts, charges and taxation measures, some of a stealthy nature that can be difficult to quantify at a personal level, but which will hit citizens hard.The most significant impositions arising from Budget 2012 come from a wide range of measures. These include the following:

**1** The...

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