Can we blog any more on property tax… yes we can! The subject of whether or not to introduce a property tax seems to be an on going and endless topic of conversation. Appearing in the paper again today ahead of this Wednesdays budgetary talks it now seems that a Property Tax is not on the agenda for the next budget – hip hip hooray!
Not even two weeks ago Taoiseach Brian Cowen told the Government that he had made no ‘Yes’ of ‘No’ decision on whether or not to introduce a property tax in the next budget BUT it now seems that the Government has ‘signaled’ such a tax will not form part of the next budget;
The suggestion of a possible introduction of a property tax has taken up more newspaper space again today. During yesterdays Dáil meeting Taoiseach Brian Cowen told the Government that he has still made no firm decisions on whether or not to introduce a property tax in the next budget. He commented that such a move / introduction would require “major structural changes in the taxation system”.
Along with many other TDs, leader of Fine Gael Enda Kenny took no prisoners yesterday and asked the Taoiseach for a “Yes” or “No” answer and said by not clarifying or confirming whether the tax would be introduced or not implied that the idea has not been ruled out. He said that the whole idea of the tax was grossly unfair and that “there is plenty of scope to reduce borrowing without the introduction of a property tax”.
A good news story for all householders around the country today on hearing that the proposed water charges to be introduced by the Government to all 1.1 million households in the State by 2012 maybe now in doubt!
Major doubt over the planned roll-out of water charges for domestic households came about when it was reported that local authorities are currently have difficulty in forcing businesses to pay their water charges, with councils reporting unpaid bills totaling €77m!
While we escaped the introduction of a property tax in the last budget it seems that we might not be so luck next time round. The previously much talked about property tax reared its ugly head again just before weekend when our Taoiseach Brian Cowen mentioned during an interview that the Tax is currently being considered for inclusion in the next Budget.
While most, if not all homeowners in the country are financially hard-pressed at the moment, Brian Cowen justified the tax by comparing it to the second home / holiday home tax that was introduced last year “It was a simple tax, it was complied with and it worked well. We have got to look at other areas such as that … not because you’re trying to just impose taxes for the sake of imposing taxes — we have got to keep expenditure down”. Not only that but he also said that he said,