Taoiseach Micheál Martin, Tánaiste Leo Varadkar and Green Party Leader Eamon Ryan presenting the government’s new Economic Recovery Plan
The Government is announcing its Economic Recovery Plan, setting out a road map for the economy as it emerges from the impact of #Covid19 | Read more: https://t.co/ajLPcmKAWF https://t.co/hYkunBsDin
— RTÉ News (@rtenews) June 1, 2021
This morning.
Dublin Castle, Dublin 2.
Taoiseach Micheál Martin, alongside Tánaiste Leo Varadkar and the Green Party Leader Eamon Ryan, has been announcing the Government’s plan, which is laying out a road map for the economy as it emerges from the impact of Covid-19.
Via RTÉ
The Cabinet has agreed that owners of new homes built since 2013 will now have pay Local Property Tax as part of a new Economic Recovery Plan
Another change to have been agreed by the Government will see about 33% of people who already pay property tax having their tax bill increased by around €100 every year.
Meanwhile…
The recovery plan is set to commit to introducing a pilot scheme that would guarantee a basic income for artists.
Minister for Arts Catherine Martin will work towards finalising the scheme in July and it would then be rolled out for a “significant number” of artists from January
Govt agrees property tax widening in new economic recovery plan (RTÉ)
A few weeks ago there were to be no new taxes apart from Carbon tax
Taxy Mac Taxface is here to stay
And still no benefit to homeowners as a result of paying the property tax. Remember, that our normal taxes had funded the local councils up to the introduction of the Property tax. The government then reduced the funding to the councils and introduced the property tax. They didn’t reduce the income tax (for instance) of homeowners to take into account the non-funding by tax of the councils.
And, as forewarned years ago, the property Tax is fast becoming a cash cow which will increase dramatically over the next few years.
Thank you FFGrLAB
Government reduced the funding to the councils after getting the councils to hive off the services it ‘offers’ my question is, outside of planning, collecting rates what do the councils actually do?
Provide public toilets and bins…
hahahaha
DLRCoCo has been busy doing the important work of installing dedicated bins for pizza boxes, that’s while they’re waiting for the next shipment of bollards to indiscriminately pepper on any spare inch of road, we’d be lost without them.
And there’s a name for all that too…
The Innovation Delusion describes the cultural fixation with novelty and disruption and revolution and all the ‘exciting’ things that distract us from the much needed work of caretaking, maintenance, reform, repair, and conservation.
No local authority CEO or County Councillor ever got their photo in the local paper by doing the basics that they’re handsomely remunerated for. It’s all Masterplans, White-water rafting, digital hubs and over-spec’d Greenways.
Yep – plumbing, traffic, and waste, is really boring… although waste/empty bag’o’can is creeping up the charts this week…
True, they love a good photo-op, the photo-op department are mighty busy promoting the pizza bins and the bike deliveries and the ‘parklets’ mere metres away from actual proper parks.
HAHA – yes why have a park when you can have a parklet… waste not want not…
“People get the government they deserve”
We’ll deserve better when we start demanding better
the ordinary people have to organise ourselves,
free of all enemies
these “Governments” only serve the rich capitalists that is clear
“Remember, that our normal taxes had funded the local councils up to the introduction of the Property tax. “
– well, that’s not strictly true – LPT was introduced precisely to make up the shortfall that ‘our normal taxes’ was not covering.
Rob – the portion of our normal taxes that were removed from the councils was the shortfall.
no, we were borrowing billions every year because the country’s revenues were not meeting current expenditure. LPT was introduced to raise revenue.
You claim the ‘our normal taxes’ financed local councils activities – this is incorrect, it (along with everything else from ’09 – ’14) was on credit.
Of course our taxes funded local councils. The LPT was brought in under the guise of taking over the funding of essential local services such as, public parks; libraries; open spaces and leisure amenities; planning and development; fire and emergency services; maintenance and cleaning of streets and street lighting – all benefitting citizens directly.
But as you say, it was introduced to raise revenue. It was in effect, an additional tax brought in under the guise as mentioned above, and those services were already being funded by our taxes.
As predicted, this tax will increase every year – and FFGr tell us that increase will be by at least €100.
“and those services were already being funded by our taxes.”
– partially. The rest was made up by borrowing, as I have repeated several times. You can’t keep borrowing to fund current expenditure indefinitely.
Services were incrementally reduced, so where’s the shortfall coming from?
so is that it – increase property tax?
they should be shot with balls of their own shite
Yes, imagine asking people who own properties worth north of half a million to pay directly for some of the services that they benefit from…
is anyone asking apple, or google, or facebook or amazon..?
They already pay.
Top 10 companies now pay more than half of corporate tax
New figures published by the Revenue Commissioners show the 10 largest payers contributed 51 per cent of corporation tax last year compared with 40 per cent in 2019 – their highest ever level.
Between them, these companies, which would include groups such as Apple, Pfizer and Intel, paid net corporation tax of €5.98 billion in 2020 – up from €3.79 billion the previous year.
Just 100 companies account for almost 80 per cent of all revenue from corporation tax, according to the latest figures. A total of 137 businesses paid in excess of €10 million each in corporation tax last year.
https://www.irishtimes.com/business/economy/top-10-companies-now-pay-more-than-half-of-corporate-tax-1.4553695
Yes, imagine fair and equitable taxation, not a rotten LPT steal from a family home tax based on an address that totally ignores the ability to pay… but a tax on a persons…let’s say their income, so living on the same street a wealthy individual with a large income would equitably pay more than a widow with a small taxable private pension from her deceased husband.
The wealthy love LPT and the gangsters of Fine Gael and their butt wipes FF love LPT, it ensures the wealthy pay virtually nothing and the poor and middle income earners pay the max
We have a fair and equitable tax system
The rich pay massively more than the poor.
Increase by €100 every year
Reload every year with those balls of sh…
Scotser,
that should have happened long ago,we are a subservient lot are we not.
They’ll tax everyone except for the super wealthy who can most afford it. Everything comes down to property with these testicles free “leaders” we have. They cannot think of any other ways of raising funds. They are pathetic, again proving that to them housing is money, not a basic human right.
TIL that Broadsheet’s ardent young socialists oppose wealth taxes, the most progressive form of taxation going…
LPT not a wealth tax. If it were, then all assets and profits would be taxed properly. REITs, GOOGLE etc. etc. Terrible we had shortfalls in income over expenditure and decided not to tax those, but lumber joe public?
Of course property is a form of wealth, and one that is taxed a lot lower than either of the ones you mentioned(CGT, and corporation tax, respectively).
the ordinary people have to organise ourselves,
free of all enemies
these “Governments” only serve the rich capitalists that is clear
There will be growth in the spring…of 2024 perhaps.