Kieran writes:
I got a letter yesterday from my local TD Lucinda Creighton responding to emails I have sent to her about the local property tax.
Lucinda has been busy writing to Michael Noonan about some of her constituents’ disapproval and she forwarded me one of the letters she received back from Noonan (above). I find all the bullet points laughable but especially:
“The tax structure was known to the purchasers at the time”
and
“The revenues have already been spent on the provision of public services.”
The tax structure did not state that x number of years from now you will be made pay a property tax on top of the stamp duty. I’d also like to see evidence of how revenues spent stamp duty on the “provisions of public services” Is there a money trail that can hightlight exactly where the stamp duty payments went? German unsecured bondholders perhaps? Ex-ministers’ massive pensions maybe?