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  • €12.5m extra for Drugs Task Forces
  • Almost €1.7bn for national roads
  • €960m spending on welfare supports
  • A 9% stamp duty rate will apply on the balance of house prices over €1m
  • New residential stamp duty rate of zero up to €125,000 and a 7% on the excess up to a limit of €1m
  • Mortgage interest relief to rise by €2,000 for a single person and €4,000 for a married couple
  • Duty on credit cards to fall from €40 to €30
  • Four out of every 5 tax-payers will pay at the standard rate
  • Band for 20% standard rate widened by €1,400 to €35,400
  • €84 million extra for Overseas Development Aid
  • Excise on cigarettes to rise 30 cents from midnight
  • €16.2 billion for health spending in 2008
  • Child benefit to rise €8 per month for third and subsequent children to €203
  • Child benefit to rise €6 per month for first and second children to €166
  • Non-contributory pension to rise €12 to €212 a week
  • Contributory pension to rise €14 to €223 a week
  • Allocating €21m to fishing boat decommissioning scheme
  • New capital gains tax relief for the break-up of a farm
  • €370m for grants to 60,000 farmers under Rural Environmental Protection Scheme
  • €13.2m allocated to energy research , increase of €7m
  • Motor tax for cars over 2.5 litres to rise 11%
  • Motor tax for cars under 2.5 litres to rise 9.5%
  • New VRT system will be broadly revenue neutral
  • New VRT system will have 7 bands, ranging from 14% to 36%
  • Revised VRT scheme based on CO2 emissions will apply from July 1st.
  • Target of 3% a year reduction in CO2 emissions
  • €1.7bn for social housing measures
  • €95m extra for primary school building programme
  • Education expenditure will be €9.3bn in 2008
  • €1bn for public transport
  • €600m for regional and local roads
  • €2.7bn for airports, ports and national secondary roads
  • Government has agreed to an efficiency review across all spending departments
  • We must get back to lower single digit increases in public spending as quickly as possible - Cowen
  • Growth in capital spending of 12%
  • Growth in total spending of 8.6%
  • GDP growth for 2008 will be 3%
  • €8.6 billion for capital investment for 2008
  • Spending in 2008 will be €53bn, net increase of more than €1.7bn
  • Government deficit of 0.9%for 2008
  • Economy will grow more modestly next year - Cowen

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