Seanad debates

Wednesday, 23 June 2010

11:00 am

Photo of Mark DalyMark Daly (Fianna Fail)

To impose a property tax on people in negative equity seems to be highly unjust. I ask for the Minister for Finance to come to the House to outline his position on this issue because such an imposition in the budget would be a serious burden on people who already have mortgages. Half of what they pay in mortgages goes to a payment they have given to the Government up front.

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