Oireachtas Joint and Select Committees
Wednesday, 16 November 2022
Committee on Budgetary Oversight
Report of the Commission on Taxation and Welfare: Discussion (Resumed)
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
What does the institute say to the arguments that the likes of us would put forward that it does not take into account the income of the people who own their family home, in that sense it can be very unfair on people and they have very little control over the price and the value of their property, particularly in a market which most people would agree is pretty dysfunctional at the moment? There are very high property prices and values that are another symptom of a housing crisis and a dysfunctional market, but yet people get penalised with a property tax even though the value of their property may bear no relationship whatsoever to their ability to pay.
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