Dáil debates

Wednesday, 27 May 2009

Finance Bill 2009: Report and Final Stages

 

The Commission on Taxation has a brief to look at carbon taxes, property taxes and areas of reform in the income tax system. There is a proposal that has been the subject of papers from various quarters allied to the Government, such as the Central Bank and the ESRI, in various reports, suggesting that there should be a property tax of €1,000 per house. How does the Minister propose that someone living in Hartstown or Huntstown who might have lost his mortgage interest relief and early childhood supplement, and who in addition faces significant increases in marginal taxation rates, will also find out of his after tax income an extra €1,000? Is it fair to suggest that it would be amended to reflect the size of a house?

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