Dáil debates

Wednesday, 12 June 2013

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

 

7:10 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

Some 180,000 mortgages in this State are in distress, the home owners in question living in terrible fear of repossession. Credit unions have indicated that 1.8 million people in this State are scraping for less than €100 at the end of the month. Hundreds of thousands are in negative equity and imprisoned by the unsustainable debt created by a collapsed market. What is the Government's solution to all of these issues? It has imposed an unaffordable property tax on people who simply cannot afford it.

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