Property tax must benefit homeowners as well

The property tax is not in itself a bad thing, but what you get for it and the way it is being implemented both need to be looked at, writes Carol Tallon.

24th February, 2013
A property tax seems unfair when one considers the blatant lack of services in return. Photo: Getty

As a citizen and as a property professional, I am in favour of a property tax. Taking emotions, financial struggles and apparent dissatisfaction with current government out of the debate, it is a progressive form of taxation and one that Ireland should have implemented (or retained) much earlier.

While families crushed under the weight of negative equity would reject that the property tax is a wealth tax, in reality, a wealth tax is exactly what...

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