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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