Dáil debates
Tuesday, 18 December 2012
Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages
9:45 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
That is €10 less than that person's liability this year when there was a flat rate of €100 charged. There is a relationship between value and what will be charged on this occasion.
In general terms, those on higher incomes have higher-value properties. It flies in the face of reason to pretend that those on higher incomes do not have higher-value properties. The higher the value of the property, the more that one will pay.
Deputy Ross spoke on Second Stage about the deferral system and the 4% simple interest rate. He stated this would force people to sell their homes.
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