Ireland offers tax cuts in budget to help with cost of living

Ireland's government has announced tax cuts in its latest budget to alleviate the cost of living pressures on its citizens. Despite recording another budget surplus this year, officials are wary of the country's heavy dependence on unpredictable tax revenues from US multinationals. This move underscores the government's commitment to economic stability and social welfare, while also signaling a need to diversify its revenue streams for future fiscal health.