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Thread: Central Bank - Ireland unusual in not applying a residential property tax

  1. #1
    Politics.ie Regular The Red Rose of Cork's Avatar
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    Central Bank - Ireland unusual in not applying a residential property tax


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    ah, the softening-up process begins

    and now we see how truly independent of Government our Central Bank really is. Just as we saw how they strove mightily to constrain credit growth during the boom in the best long-term interest of the nation. Not.

    That Hurley fool should be summarily fired (without benefits) for gross incompetence

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    If I recall we did have a RPT in the 1990's. I think it was abolished in 1997, or there abouts.

    I think it was 1.5% of the "market value" of the property.

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    Quote Originally Posted by HarshBuzz View Post
    ah, the softening-up process begins

    and now we see how truly independent of Government our Central Bank really is. Just as we saw how they strove mightily to constrain credit growth during the boom in the best long-term interest of the nation. Not.

    That Hurley fool should be summarily fired (without benefits) for gross incompetence
    Any other country face Stamp Duties as high as Irl.

    On RPT most of EU live in rented property.

    "Softening-up", they have the vaseline out and you know where it is going.

  5. #5
    Politics.ie Regular mr_anderson's Avatar
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    Basicially they are trying to soften us up for a widescale residential property tax (RPT) by claiming that it is 'normal'.
    Only a matter of time folks !

    Wonder if the same thing happened all those years ago when countries (kings ?) first adopted income tax ?
    Nothing to worry about ... its normal

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    Quote Originally Posted by stanley View Post

    On RPT most of EU live in rented property.
    So what, they still pay the tax.
    'Hello. My name is Inigo Montoya. You killed my father. Prepare to die.'

    Inigo Montoya.

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    Quote Originally Posted by Middleaged View Post
    If I recall we did have a RPT in the 1990's. I think it was abolished in 1997, or there abouts.

    I think it was 1.5% of the "market value" of the property.
    yes I remember that

    it was a bit of a joke as by the time the politicians had bowed to the lobbying and duly watered down the original proposals, it only applied to a few houses in the entire country and was demonstrably unfair and regressive!

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    Politics.ie Regular seabhcan's Avatar
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    Quote Originally Posted by Leftfemme22 View Post
    So what, they still pay the tax.
    Rents are controlled in many eu countries.
    "Who will bailout the IMF after FF is finished with them?"

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    Politics.ie Regular seabhcan's Avatar
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    Why not just apply rates to residential rents?

    Easier to value and cheaper to collect.
    "Who will bailout the IMF after FF is finished with them?"

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    Quote Originally Posted by seabhcan View Post
    Rents are controlled in many eu countries.
    Control them here and still apply the tax.
    'Hello. My name is Inigo Montoya. You killed my father. Prepare to die.'

    Inigo Montoya.

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