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Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: We all agree with hyperbole as a good way of making a point on some occasions, but this is blatant exaggeration. The rate of tax is 0.18%. Even a deferral for 20 years would result in an outstanding charge of not more than 3.6% to 4% of the house value and that will not drive anyone out of his or her home.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: Exaggerated positions have been taken up. I stated already that we will deal with the pyrite issue in the finance Bill. We will construct it so that those concerned do not have to pay anything. The situation regarding Priory Hall was mentioned. I regret I do not recall which Deputy.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: Priory Hall is an unfinished estate and in the exceptions for unfinished estates, there will be no charge on Priory Hall. Priory Hall was exempt from the flat-rate tax and it will be exempt from this tax. There will be no charge in that case. Owners will have the liability to pay and the tenants of private sector landlords may bear some of the costs if landlords pass it on. On the other...

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: We will-----

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: This is the old tradition of a colony, that one will not obey the state because it is not our state. We have been running our own affairs since 1922.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: It is about time Deputy Mattie McGrath backed the Revenue-----

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: -----and, as a public representative, stated that the Revenue should collect the taxes.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: It is about time Deputy Mattie McGrath stated that people should pay their taxes.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: One is not dealing with a foreign power anymore.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: One is dealing with our own Government since 1922.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: Deputy Mattie McGrath spoke of the pike in the thatch, fellows setting fire to the thatch and all of that old grá mo chroí rhetoric.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: Deputy Mattie McGrath must be looking at black and white movies when he is selling all of that kind of stuff.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: They are all right. They are quite safe. I do not want to be taking up good debating time.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: They will be.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: Will I not have a chance to reply, a Leas-Cheann Comhairle?

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: I want the courtesy of a reply.

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: The Minister has it within his power to give himself and every other Deputy time to debate the Bill, and he has refused to give us that time. Why would we give him the time? When I heard the Minister's response, I thought I was looking at "The Mario Rosenstock Show" or "Irish Pictorial Weekly". The Minister should audition for them-----

Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)

Michael Noonan: The Opposition will not let me reply.

Written Answers — Department of Finance: Property Taxation (18 Dec 2012)

Michael Noonan: The 2013 half year property tax amount due on a property valued at €600,000 is €517. The full year property tax amount due on a property valued at €600,000 is €1,035. A property owner whose gross income (excluding child benefit) does not exceed €15,000 in the case of a single person and €25,000 in the case of couple, whether married, civil partners...

Written Answers — Department of Finance: Property Taxation (18 Dec 2012)

Michael Noonan: The Inter-Departmental Group on the Design of a Local Property Tax, chaired by Dr Don Thornhill (the “Thornhill group”) considered the question of a site value tax or land value tax and reported in some detail on the matter. The brief was to design a tax on residences, and the Group was charged with the design of an equitable property tax to replace the household charge, a...

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