We deserve genuine value from our taxes

The Revenue Commissioners have reported that in excess of 1.5 million households had registered for the residential property tax by last week's deadline. Given that the Revenue's target was 1.66 million, this represents an extremely high degree of compliance. It also demonstrates the political wisdom of the decision to levy just 50 per cent of the tax this year. It will be considerably more painful next year.

In general, we support the concept ...