Dáil debates

Wednesday, 12 June 2013

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (Resumed)

 

6:30 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

That shows the nonsense of the proposal because the asset is being left to someone with a value. The person is not leaving behind debt but an asset that is increasing in value over the next ten years.

The goal is to get Ireland into a position of recovery. We have commenced work on it. One of the significant areas of the Irish economy that needs recovery is the normalisation of the housing market. We do not need a return to the days of boom and bust but a structured recovery built upon a sustainable model. Property tax is part of that and it is regrettable that Sinn Féin has taken this position. It did not even have the bottle to call for a boycott of the property tax. The earlier press release by Sinn Féin did not call for a boycott of the property tax because if it entered government, it would have to deliver on that promise and would not do so. I recommend the Bill is opposed in the strongest terms.

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