Government advised not to exempt those who paid hefty stamp duty - News, The Budget - Independent.ie
Yes I know Gerhard has started a thread on the substantive issue of the property tax.
This thread is different and concerns the transparency of the Thornhilll report and the fact that it was not published for discussion before the budget.
I first got suspicious of "independent reports" back in October 2007 when one such recommended a 17% pay hike for then Taoiseach Bertie Ahern.
At least that one was published before any action was taken.
The failure of the report to rectify the injustice of stamp duty - which was only ever intended to apply to really expensive houses at the top of the range (but thresholds were let stay static to bring in more and more of us into the net until the vast majority paid it) - and the fact that many are still repaying the loans we took out for it is frankly nauseating.
So is the fact that those who drafted it - mostly civil servants - are beneficiaries of the Croke Park agreement which has also been rubber stamped by the inside left establishment that now runs Ireland in its own interests.
These older civil servants probably never paid stamp duty or paid it when it was a relatively small burden. And their houses are unlikely to be negative equity. Their huge pensions (133k for retiring head of gov't department like Don Thornhill) are being protected and to pay for it new taxes are brought in.
Neither anyone from the real private sector and the new generation of young families were represented on the report: Only public sector Croke Park beneficiaries.
That is the issue this thread wishes to debate. For substantive discussion of the property tax itself, see Gerhard Dengler's thread.