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Property Tax

  • 28-11-2010 6:58pm
    #1
    papamikez
    Closed Accounts Posts: 14 ✭


    Why should we pay any property tax even if it was €50 per year i wouldnt pay itshow your support follows us on facebook"i will not pay or support property tax"thanks


Comments

  • #2
    MagicMarker
    Banned (with Prison Access) Posts: 32,865 ✭✭✭✭MagicMarker


    god I hate facebook.


  • #3
    Cookie_Monster
    Registered Users, Registered Users 2 Posts: 24,537 ✭✭✭✭Cookie_Monster


    papamikez wrote: »
    Why should we pay any property tax even if it was €50 per year i wouldnt pay itshow your support follows us on facebook"i will not pay or support property tax"thanks

    why shouldn't you pay it?


  • #4
    Ray Burkes Pension
    Registered Users, Registered Users 2 Posts: 171 ✭✭Ray Burkes Pension


    papamikez wrote: »
    Why should we pay any property tax even if it was €50 per year i wouldnt pay itshow your support follows us on facebook"i will not pay or support property tax"thanks

    Do you realise VAT going up 1% is going to cost you a lot more than Property Tax?


  • #5
    -Chris-
    Closed Accounts Posts: 12,035 ✭✭✭✭-Chris-


    How much pressure did it take to get a by election held, the govt only listen to what they want to listen to.
    Do you really think they care about a Facebook group??


  • #6
    Liam Byrne
    Closed Accounts Posts: 18,163 ✭✭✭✭Liam Byrne


    The country is up sh**t's creek, so I've no problem chipping in and the €100 isn't extreme.

    HOWEVER I do have a caveat on that.

    Before I pay a cent I want the TDs to ensure that not a single cent goes to banks or TD "expenses" or other waste.

    THEN I'll pay it, even though I didn't contribute in any way to the crash.

    But until they stop wasting money I'm not paying.


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  • #7
    LevelSpirit
    Closed Accounts Posts: 228 ✭✭LevelSpirit


    We really, really want to buy a house we have fallen in love with.
    We'll pay property tax OR stamp duty. Not both.
    So until one or the other is off the radar we have no intention of buying anything.

    And there should be a facebook tax too.


  • #8
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    papamikez wrote: »
    Why should we pay any property tax even if it was €50 per year i wouldnt pay itshow your support follows us on facebook"i will not pay or support property tax"thanks
    If you don't pay it in property tax, you'll pay it somewhere else - the net result is the same. However, there's an advantage in paying it on your property - it should play a role in preventing future property bubbles, which, as we have learned, are not good for the country.


  • #9
    -Chris-
    Closed Accounts Posts: 12,035 ✭✭✭✭-Chris-


    LevelSpirit wrote: »
    We really, really want to buy a house we have fallen in love with.
    We'll pay property tax OR stamp duty. Not both.
    So until one or the other is off the radar we have no intention of buying anything.

    Presumably you're a first time buyer, so you won't have to pay stamp duty.

    If you're not a first time buyer, then presumably you already own a property, so you'll already have to pay the property tax.

    Either way, if the tax remained at €100, I'd have no problem paying an extra €3k over the course of my 30 year mortgage if it truly was my dream house. Compared to your interest payments, solicitor fees or gas & ESB bill, it's a drop in the ocean.


  • #10
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    -Chris- wrote: »
    Either way, if the tax remained at €100, I'd have no problem paying an extra €3k over the course of my 30 year mortgage if it truly was my dream house. Compared to your interest payments, solicitor fees or gas & ESB bill, it's a drop in the ocean.
    I don't think it will remain €100 - hopefully it will rise to a level so that what you pay reflects how much your house is worth. That way it's a progressive tax, the wealthy pay more.


  • #11
    Victor
    Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    LevelSpirit wrote: »
    We really, really want to buy a house we have fallen in love with.
    We'll pay property tax OR stamp duty. Not both.
    So until one or the other is off the radar we have no intention of buying anything.

    And there should be a facebook tax too.
    So hows that tax relief at source going?


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  • #12
    jc84
    Registered Users, Registered Users 2 Posts: 327 ✭✭jc84


    to be fair most other countries have to pay property tax and at a much higher rate than what has been proposed here, however the introduction of this tax can be slippery slope and may increase year on year which would not be fair


  • #13
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    jc84 wrote: »
    to be fair most other countries have to pay property tax and at a much higher rate than what has been proposed here, however the introduction of this tax can be slippery slope and may increase year on year which would not be fair
    Why would it not be fair that people who buy themselves big houses pay big taxes for them, and those who buy themselves smaller houses pay less? Remember, if the money that is needed is not raised on property it will be raised on VAT or something else (and VAT doesn't target wealthy people). Also, remember that this can be an important part of preventing future property bubbles by making properties a less attractive financial asset (so that they are valued as a place to live, not a way to make a killing).


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