Thursday 22 February 2018

Willie O'Dea: 'Deferral' piles debt upon debt

A tax that does not recognise people's inability to pay is unworkable

Willie O'Dea

HARDLY a day passes without calls from people worried by how the property tax will affect them. They are struggling to pay mortgages; battling negative equity; frustrated by how much they paid in stamp duty; or are beset by all three problems.

Their stories are harrowing but, as I have been discovering, they are not the only ones. "Is it true," an elderly lady asked me, "that the Revenue Commissioners can go into your bank account to take the property tax?"

"Yes, it is," I replied.

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