Oireachtas Joint and Select Committees
Tuesday, 20 September 2022
Joint Oireachtas Committee on Housing, Planning and Local Government
Private Rental Sector: Discussion
Mr. Patrick Davitt:
I am not 100% sure on that. I am not a tax expert, although my friends here are. I can say that one thing about the rental income which has been bandied around a lot is that landlords should pay the 55% tax that is paid when ordinary people earn money. That is incorrect because it is passive income that landlords get. If I am working, I pay 55% tax like everybody else, but if I have a rental property, I get passive income on that property. That means I cannot even pension myself from that property. It is not an allowance. I can do nothing. It is not fair to say that people earning money pay 55% the same as landlords. That is not fair to say and is not an equal comparison.
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