Cahir Fianna Fail condemn ‘unfair’ tax

Cahir Comhairle Ceanntair Fianna Fáil has said that the introduction of the “Family Home Tax” is wholly unfair and unjust and will hit struggling home owners in the Cahir Area when they can least afford it.

Cahir Comhairle Ceanntair Fianna Fáil has said that the introduction of the “Family Home Tax” is wholly unfair and unjust and will hit struggling home owners in the Cahir Area when they can least afford it.

In Budget 2013, the government introduced a new .18% tax on the value of the family home up to €1m within €50,000 bands. A home worth €150,000 will be taxed at the rate of 0.18% on €175,000 or at €315 per annum.  A home worth €210,000 will be taxed at 0.18% €225,000 or €405 per annum. An additional .25% rate will apply to properties worth over €1m.

Following the Government’s decision to introduce a property tax in Budget 2013, Cahir Comhairle Ceanntair Fianna Fáil has said, “it is simply not the time to inflict an unfair Property Tax on the family home. All the government’s talk about fairness will mean nothing to ordinary homeowners struggling to make ends meet”.

“This decision flies in the face of promises made to the electorate prior to the last general election. Fianna Fáils fully costed pre budget proposal does not hammer homeowners with a property tax and meets budget adjustment requirements. A .25% tax on homes worth over €1m will barely cover 16,000 homes in the state and there has been no political focus on protecting those in the middle who are struggling to pay their bills, look after their families and meet their mortgage requirements,” said Comhairle Ceanntair spokesperson Martin Lonergan.

This measure will greatly impact on the household budgets of families throughout the Cahir Area. Fine Gael stated before the election that “a recurring residential property tax on the family home is unfair” but that promise has been cast aside with ordinary homeowners left to pay the price for the government’s broken promises. Despite appeals from Fianna Faíl Leader, Micheál Martin TD, the Government continued to force legislation through the Dáil last week without affording opposition Deputies a proper debate on the measure.