Seanad debates
Wednesday, 5 December 2012
Budget 2013: Statements
2:20 pm
Fidelma Healy Eames (Fine Gael) | Oireachtas source
The Minister said "those who own the most valuable properties will pay the most". However, many of those are also the people with the biggest mortgages and the highest negative equity, so this is flawed as a principle. What I would like to hear is whether there will be any measure of the people with very big houses and very big mortgages, and the net income they have left after they have paid their mortgage. Otherwise, we will be driving them up against a wall. I understand the proposal is that they will defer it until they die-----
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