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Irish property tax penalises Dublin residents, warn critics

Posted on 28 January 2013

Dublin politicians fear bulk of taxes will be collected from its residents, who own most of Ireland’s expensive homes. Plans by Ireland’s government for a property tax have come under fire from the main opposition party amid concerns the move will land homeowners with a bumper bill as they struggle to pay a string of other new taxes.
Protest meetings have heaped pressure on Ireland’s finance minister, Michael Noonan, to drop the plan, which is expected to raise €500m (£425m) for the cash-strapped coalition government in its first full year………………………………………..Full Article: Source


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