Colum Kenny: Middle-class home-owner sitting duck on property tax
Tax should be on real wealth and real income relative to real expenses, not based on objects, writes Colum Kenny
A property tax is unfair because it is a tax on an object and not on total income or wealth.
As the Government struggles to balance this nation's books, we are still very far from recovery. There will be more pain, and home-owners are in the firing line. The middle class is a sitting duck.
But let's be constructive first. Here is one way that politicians could help to boost the housing market while saving public money on their own accommodation costs.