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Property tax three times more than household charge

5 December, 2012 - by Brian Stanley TD

Sinn Féin spokesperson on environment, community & local government, Brian Stanley TD, has today slammed the government for imposing, “a property tax than will cripple households across this state.”

Responding to today’s budget, Stanley said: “The Property Tax as outlined in Minister Noonan’s speech is three times higher than the current household charge.

“The average home owner will be paying between €360 and €540 a year with this tax. Hundreds of thousands of people have refused to pay the discredited household charge. This government will be met with massive resistance to this latest unfair home tax.

“In a cynical move the government will maintain the current level of property tax until after the next local elections in 2014. Following these elections the local authorities will have to strike the rate for the tax. By which time the councils will be virtually bankrupt by government cuts.

“Our costed and credible alternative budget highlighted many other sources of funding. A new third rate of tax of 48% on earnings over €100,000 would yield €365 million while a wealth tax of one per cent on net wealth over €1 million would have brought in an extra €800 million.

“Sinn Féin will be mounting an active campaign against this home tax. The campaign ‘tax wealth not homes’ will begin with a day of action this coming Saturday with hundreds of pickets and protests across the state.”

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