Wednesday 17 January 2018

Slow progress on property taxes

Despite the €100 household charge introduced in last month's budget, the Government is still making haste extremely slowly with the introduction of a property tax.

In fact, it is difficult to avoid the impression that the Government is doing no more than is absolutely necessary to keep the EU/ECB/IMF "Troika" sweet.

Now economist Ronan Lyons of property website has devised a scheme that would allow not just for the rapid introduction of a property tax, but one that would also minimise the inherent unfairness of any such tax towards residents of Dublin and of the other large cities.

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