Capping energy prices, €9 monthly pass for unlimited public transport and €1,000 one-time bursary for students – Labor Party demands ahead of Budget 2023

The Labor Party has called for VAT on newspapers to be scrapped in next week’s budget.

The Labor Party budget also included a proposal to introduce a €9 unlimited public transport ticket to help tackle climate change. The proposal follows a similar measure introduced in Germany.

The Labor Party also wants all property taxes on social security to be increased by €20 and they want to give students a one-time €1,000 stipend to help them cope with the rising cost of living. Labor also wants to increase child benefit by €10 a month and limit childcare costs to €200 a month.

They also proposed a cap on energy prices and a €400 refundable carbon tax credit. The loan would be paid to anyone earning less than €60,000 a year and living in a house with a low energy rating.

In the party’s alternative budget, Labor said VAT on newspapers should be scrapped to ensure the sustainability of the industry.

Presenting the budget proposal, Labour’s finance spokesman Ged Nash said the print media is an “inherent and important part of our democracy”.

Mr Nash said the print media played an important role in society, whether it was covering local council meetings, court cases or providing community organizations and individuals across the country.

“It is absolutely imperative that we continue to support the print and even the broadcast media. One way to prop up the print media into the future is by reducing VAT. I think for a relatively insignificant amount of money we will essentially invest in our democracy,” he said.

“Obviously we now have the concept of citizen journalists and we have a very lively debate on social media, but we also have regulated media that need to be supported. A medium that needs to employ people with appropriate conditions.

“We’ve seen burnout in the media, we’ve seen the media find it very difficult to hire and retain qualified journalists who hold us accountable, who hold the political system accountable and it’s absolutely critical and it’s a measure , which we have supported for some time,” he added.

https://www.independent.ie/business/budget/cap-on-energy-prices-9-monthly-public-transport-unlimited-ticket-and-one-off-1000-grant-for-students-labour-party-demands-ahead-of-budget-2023-42010705.html Capping energy prices, €9 monthly pass for unlimited public transport and €1,000 one-time bursary for students – Labor Party demands ahead of Budget 2023

Fry Electronics Team

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