Despite what Kenny says, it won’t “generate” anything – it will transfer 500 mill from the pockets of us Irish into the pockets of unsecured bondholders.

The day has arrived where we are living with the governments hands deep down in our pockets. They won’t stop until there’s a hole in them.

Sick of this!

I’m sure the Bond Holders will be delighted with that, nice little Christmas present for them.

Some taxes are on income (income tax), some are on transactions (stamp duty), some are on owning things (tv licence) and some are on wealth. This property tax sounds like a tax on wealth but it’s not. If it was a tax on wealth then someone in negative equity whose mortgage was more than their house is worth would have no ‘wealth’ or equity in their house so would not pay the tax. This property tax is just a tax on owning things. If my house is worth €500k and my mortgage is €500k too then I’ve no wealth in the house but I have to pay this annual tax.for some reason.

I am beginning to wonder what kind of deranged mentality we are dealing with when it comes to Irish politicians.
They present us with an austerity budget before christmas.
They bestow a household charge on us.
The now threaten that there is worse to come. PROPERTY TAX.
What kind of gombeen cretin confronts a country with all this negativity before the festive season.
Psychologically this must affect the christmas trade to an enormous extent.
It shows the absence of any business sense.

Time again to look abroad. Half my family gone already. This government are more evil than the last one. A sheep in wolves clothing. That picture of enda above is typical of their PR nonsense.

The fact is that the government, like a highwayman, says to a man: ‘Your money, or your life.’ And many, if not most, taxes are paid under the compulsion of that threat. The government does not, indeed, waylay a man in a lonely place, spring upon him from the roadside, and, holding a pistol to his head, proceed to rifle his pockets. But the robbery is none the less a robbery on that account; and it is far more dastardly and shameful. The highwayman takes solely upon himself the responsibility, danger, and crime of his own act. He does not pretend that he has any rightful claim to your money, or that he intends to use it for your own benefit. He does not pretend to be anything but a robber. He has not acquired impudence enough to profess to be merely a ‘protector,’ and that he takes men’s money against their will, merely to enable him to ‘protect’ those infatuated travellers, who feel perfectly able to protect themselves, or do not appreciate his peculiar system of protection. He is too sensible a man to make such professions as these. Furthermore, having taken your money, he leaves you, as you wish him to do. He does not persist in following you on the road, against your will; assuming to be your rightful ‘sovereign,’ on account of the ‘protection’ he affords you.
(The Noble Highwayman)

It will actually be a couple of hundred shy of 500 million because I’m not payin it!!

No matter how they try to implement this its gonna open a can of worms. Dublin v the rest; small house v big house; stamp duty already pain, negative equity, listed buildings, farmers with large houses extended to and handed down over generations but who are on low incomes…… they should have called it local authority service fees and left property out of it…. either way it may be a step too far. We are finally reaching a point where we are starting to shout out: enough is enough. I think this could be the breaking spoke that derails the government. FF to return on a promise to abolish property tax :)

Il emmigrate before il pay the property tax

I’ll pay it when pigs fly

The Dublin tax. Where some in a 3 bedroom semi-d on an average wage will pay more than someone living in 7 bed mansion in the country.

I’m in negative equity and with interest on my mortgage my home is a serious liability to me. Now I’m told I’m going to have to pay a wealth/property tax on this noose around my neck.

When is this government going to start trying to create a few jobs to raise tax intake.

Ryan you are right there and I wonder why????? Well do you not think it could because they own houses that will not be able to sell……. And others may complain but may not be able to relocate due to not having enough so I am sure a lot of us will still be here

So where are the people threatening to emigrate going?

Australia has a property tax. The US has property tax. Canada had property tax. 25 of the 26 other EU member states have property tax.

So unless the aim is to emigrate to Malta, options are limited.

I’m actually starting to think this government want us to take to the streets and go nuts…..