Property tax

Ghost Estate

Are there any parties or candidates who vow not to bring in this codology of having to pay for your house or land every year?

Labour are treading back on this already and the election isn't over. FG said before they wouldn't but what about now?

Liam Byrne

Well if FG actually got their priorities in order they would see that not having a property tax is a lot fairer than reimbursing those who took out mortgages that were too big.

Hopefully they'll see sense before the election, because if not my vote is up for grabs and will probably go to an independent.

Ghost Estate

Labour definitely support it
http://www.labour.ie/download/pdf/laboursplanforstabilityandgrowth.pdf

Fianna fail are too (they came up with the idea)

That leaves FG as not supporting it, but in coalition with Labour will they backthread?

http://www.sbpost.ie/newsfeatures/fine-gael-and-labour-still-at-odds-over-recovery-54331.html

EricPraline

Fianna Fail laid the ground work for a property tax, with the standardisation of stamp duty rates and their pretense at creating a national house price register. But they took the cowardly option and left it to the next government to implement.

As much as I dislike the idea, it's hard to imagine how one of Europe's most indebted countries will avoid introducing a tax that is common across Europe. Income taxes can only be taken so far.

Ghost Estate

EricPraline wrote: »

As much as I dislike the idea, it's hard to imagine how one of Europe's most indebted countries will avoid introducing a tax that is common across Europe. Income taxes can only be taken so far.

Sell RTE.

Income tax can only be taken so far, after that point you start taking money from the people who aren't even earning it . Simply as a punishment for living in a brick box

ardmacha

Are there any parties or candidates who vow not to bring in this codology of having to pay for your house or land every year?

Hopefully not. If we do not face up to the need to have the type of taxes found in every developed country, then then nothing has been learned. It is time to grow up.

Pete_Cavan

Lucinda Creighton was on the Last Word earlier and said FG will not introduce a property tax. Aengus O Snodaigh was on too and said SF would be in favour of some kind of property tax iirc.

EricPraline

Ghost Estate wrote: »

Sell RTE.

Presume you're joking. Who would want a state-subsidised broadcaster and it's over-paid presenters?

Ghost Estate wrote: »

Income tax can only be taken so far, after that point you start taking money from the people who aren't even earning it . Simply as a punishment for living in a brick box

Unfortunately that's precisely what's likely to happen. FF budgets were largely aimed at low-hanging fruit, rather than the "untouchables" like substantial reduction in public sector numbers or introduction of water rates or a property tax. Hard to see how they can be postponed indefinitely given our financial predicament.

liammur

A tax is a tax. No matter what party gets in, they will tax the sh*t out of the people for decades to pay back almost €200bn of debt.. So under 1 party we have no property tax but our water charge is €1,000, under another, property tax can be €500 and water €500.
Bottom line is, many people will have very little disposable income for many years to come.

Thank you FF.

SafeSurfer

liammur wrote: »

A tax is a tax. No matter what party gets in, they will tax the sh*t out of the people for decades to pay back almost €200bn of debt.. So under 1 party we have no property tax but our water charge is €1,000, under another, property tax can be €500 and water €500.
Bottom line is, many people will have very little disposable income for many years to come.

Thank you FF.

I believe that, as currently proposed a charge on the use of water would be fairer than a charge on owning a home. A water charge would incentivise responsible behaviour, i.e. the conservation of water.

A tax on property, as currently exists under the NPPR scheme means JP Mc Manus pays the same €200 on his massive faux georgian pad in Limerick as Joe Blogs does for his buy to let bedsit in Rathmines.

Surely a square metre or value charge would be more equitable.

Ghost Estate

SafeSurfer wrote: »

Surely a square metre or value charge would be more equitable.

The gallows... or firing squad?

liammur wrote: »

A tax is a tax. No matter what party gets in, they will tax the sh*t out of the people for decades to pay back almost €200bn of debt.. So under 1 party we have no property tax but our water charge is €1,000, under another, property tax can be €500 and water €500.
Bottom line is, many people will have very little disposable income for many years to come.

Thank you FF.

Which will just result in more people leaving. A usage based water charge (with allowance, because after all a certain amount of free water is a basic human right) is not so bad, but its probably too avoidable and people will use less water which is not what the government want.

ardmacha wrote: »

Hopefully not. If we do not face up to the need to have the type of taxes found in every developed country, then then nothing has been learned. It is time to grow up.

Ah, the infamous "sure all the other lads have it so it must be good" argument.

A lot, but not all developed countries have it. I don't see that making people pay ~100e a month to continue living in their houses that they have fully paid off the mortgage on does anything to make the country more developed.

Iceland got rid of theirs in '05 and they don't need to bring it back because they havn't stupidly decided to burden the government with debt from a private company's **** up like we did.

EricPraline wrote: »

Presume you're joking. Who would want a state-subsidised broadcaster and it's over-paid presenters?

I'm sure they have quite a few studios and broadcasting equipment worth a few bob. A private company will have no bother disposing of those over-paid presenters.

Kasabian

FG are promising no increase of taxes for families whose income is below €100K per annum.

They need to raise taxes so property tax will be in their eyeline IMO.

SafeSurfer

Ghost Estate wrote: »

The gallows... or firing squad?
.

?