Seanad debates
Thursday, 20 December 2012
Finance (Local Property Tax) Bill 2012: Committee Stage
2:10 pm
Feargal Quinn (Independent) | Oireachtas source
Ireland is one of the few countries in the world that does not have some form of property tax. The big talking point, as Senator Byrne touched on, is how we value property. To me the open market seems the best option but as Senator Barrett explained, it has to be distortion free. It will be a challenge and will probably lead to more debate and legal steps. Senator Barrett's suggestion is the best approach.
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