Monday 22 January 2018

Martina Devlin: Fairness and transparency must be applied to end this property tax farce

The silly season is over, says Enda -- without admitting that the pantomime season has replaced it. And so here we all are, thigh-high in pantoland, with the Government prancing about as the people's champions, standing up to those moustache-twirling villains in the IMF.

Pretend battles are a convention in panto, and this week we were treated to the spectacle of a one-sided game of faux fisticuffs, fought over the rate at which the property tax will be set.

First, an IMF report suggests 0.5pc of value, which causes consternation. Boo, hiss! That would mean an annual charge of €1,000 on a home worth €200,000. Next, members of the Coalition puff out their chests and cry: "We'll defend our citizens from that half-a-percentage-point dragon." Hurrah!

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