Site-value tax is the most intelligent option

A property tax that not only raises revenue, but helps to kick-start Ireland's economy, is what is needed, writes Ronan Lyons.

1st September, 2012
A full-value tax will penalise those who use land well.

Ireland's long trek to a property tax continues. Most debate now, though, is beyond the "why can't the banks pay?" rhetoric of earlier in the year. Any serious commentator realises that the huge gap between the Irish government's day-to-day spending and its revenues is unsustainable, and that - compared to practically every other developed country in the world - the property tax is the obvious missing ingredient in the Irish tax system.

The debate now...

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