Friday 15 December 2017

Why property taxes are unavoidable

What is it about the Irish and property taxes? While every other developed country levies an annual property tax on householders, we in Ireland seem to view this as being somehow utterly unacceptable.

Already, only two days after Environment Minister Phil Hogan published a bill providing for the imposition of a new €100 annual household charge in the New Year, opposition is mounting to the new tax.

The charge, which is to be the precursor to a new annual property tax, was one of the conditions of the November 2010 EU/IMF bailout agreement.

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