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Social Democrats propose €120M home factory, tax changes, and social benefits to tackle housing, poverty, and energy costs.
The Social Democrats have unveiled a 2026 alternative budget proposing a €120 million modular home factory to produce 2,000 affordable homes annually, funded by ending developer subsidies and phasing out income tax credits for earners above €100,000, fully eliminating them above €140,000.
The plan includes a new child benefit tier to lift up to 40,000 children out of poverty, abolishing the means test for carers’ allowance and increasing it by €15 weekly, a €400 targeted energy credit for low-income households, free GP care for under-12s, a €1 billion wind energy fund, free school transport, and a €5 nightly tourist tax to fund public services.
The party opposes a VAT cut for hospitality, advocating for long-term, targeted investments over one-off payments to address housing, poverty, and energy costs.
Los socialdemócratas proponen una fábrica doméstica de 120 millones de euros, cambios fiscales y prestaciones sociales para hacer frente a la vivienda, la pobreza y los costos de la energía.