Fine Gael panicking over the forthcoming huge increase in the LPT tax robbery from family homes

venusian

Well-known member
Joined
May 26, 2011
Messages
6,834
Excellent to see Varadkar and his fellow FF controlled minions feeling the heat over their banksters tax a.k.a. the LPT tax.
Varadkar knows that Fine Gael will go the way of "labour" and be destroyed in the next election if forthcoming huge LPT increases go ahead because of madcap house price inflation. He knows that looting family homes via this most inequitable LPT tax for money will destroy FG's electoral base. The rapacious LPT is based on family home valuations in 2013. House prices have shot up in the meantime , by more than 60 per cent since then according to CSO figures it will mean huge increases for family homeowners, particularly those in Dublin and other urban areas where prices have risen the most.
https://www.thetimes.co.uk/edition/ireland/varadkar-ill-battle-to-limit-rise-in-property-tax-5bnghq65f
Varadkar: I’ll battle to limit rise in property tax

Homeowners in south Dublin are being 'disproportionately hit' by property tax - TD - Independent.ie
Homeowners in south Dublin are being 'disproportionately hit' by property tax - TD

The artificial house price inflation created by Fine Gael by flogging property to vulture funds and restricting housing supply and the loathsome family home tax rapist Noonan, who brought in LPT to rob money from family homes to restore the banksters balance sheets and to enrich their bankster mates is coming home to roost.

If FFG do not reform LPT and prevent these increases means it will be curtains for them in the next election.:lol:
 


Northsideman

Well-known member
Joined
Mar 7, 2010
Messages
9,625
As Dublin is the powerhouse of the country and pays the bulk of state taxes Dubs should be excused this tax and those in others counties should pay more. They have the benefit of clear roads etc. (paid for by Dubs) so should cough up. The peoples republic of cork should pay additional taxes to reflect their loafty position.
 

Fractional Reserve

Well-known member
Joined
Apr 30, 2011
Messages
8,158
As Dublin is the powerhouse of the country and pays the bulk of state taxes Dubs should be excused this tax and those in others counties should pay more. They have the benefit of clear roads etc. (paid for by Dubs) so should cough up. The peoples republic of cork should pay additional taxes to reflect their loafty position.
Right that's is Nsm I objected to the breakup of Dublin in the Gaa and me a country Buck ,Ye have me in a dilemma .
 

venusian

Well-known member
Joined
May 26, 2011
Messages
6,834
As Dublin is the powerhouse of the country and pays the bulk of state taxes Dubs should be excused this tax and those in others counties should pay more. They have the benefit of clear roads etc. (paid for by Dubs) so should cough up. The peoples republic of cork should pay additional taxes to reflect their loafty position.
As you can see LPT is very much an anti Dublin tax, being honest it is an anti urban tax, worse it is totally inequitable as its not based on a citizens ability to pay

That’s what you get from the FFGer's for having the cheek to provide a home for your family, remember the days when BellEnda rightly considered it immoral to tax a persons home…
 

hammer

Well-known member
Joined
Jul 6, 2009
Messages
58,180
BUMPETY BUMP

HBAP saying any further LPT increases will be minimal.

They better be or disposable income taken out of the country from home owners and tenants.

In fact ABOLISH it if possible.
 

gleeful

Well-known member
Joined
Feb 7, 2016
Messages
7,520
The solution here is really simple. Change it from a tax on the absolute value of the house to a tax on the relative value of the home.

So if your house is average, you pay x euro.

If your house is 4 times the price of an average house, you pay x times 4 euro.

If all prices go up, the tax stays the same. Simple.
 

silverharp

Well-known member
Joined
Jan 21, 2015
Messages
16,297
where this works in Europe the house would have a tax value which is separate to the market value. however if FFFG want to continue to p1ss off people they are going about it the right way
 

hammer

Well-known member
Joined
Jul 6, 2009
Messages
58,180
Abolish it and bring in a wealth tax.

Any couple earning over €100,000 pa with net assets excluding family home of €5 million + pay a WEALTH TAX of .05%

SORTED.
 

gleeful

Well-known member
Joined
Feb 7, 2016
Messages
7,520
Abolish it and bring in a wealth tax.

Any couple earning over €100,000 pa with net assets excluding family home of €5 million + pay a WEALTH TAX of .05%

SORTED.
Wealth taxes are messy and bureaucratic.
 

onetimeonly

Well-known member
Joined
Jul 28, 2010
Messages
696
Keep it the same.
Increase the tax on the second house owned.
Increase it further on the third.
And so on.
 

Eventualities

Well-known member
Joined
Apr 16, 2018
Messages
2,158
Abolish it and bring in a wealth tax.

Any couple earning over €100,000 pa with net assets excluding family home of €5 million + pay a WEALTH TAX of .05%

SORTED.
Put that wealth tax up to 5%. The rich have been getting off light throughout the bad times, they need to pull on the green jumper.
 

Gin Soaked

Well-known member
Joined
Apr 25, 2016
Messages
4,027
Put that wealth tax up to 5%. The rich have been getting off light throughout the bad times, they need to pull on the green jumper.
100k is not wealthy in Dublin if you are paying your own way and have a few kids. And taxpayers have bankrolled a huge leisure class of unemployables. Many of whom are well housed at our expense.

Housing tax should be based on value × square footage x BER level.
 

Burnout

Well-known member
Joined
Oct 7, 2009
Messages
7,153
Twitter
I have a life.
I fail to see the 13% increase in the rural area where I live. The same houses are for sale near me as when the LPT arrived and the asking price has dropped, so whats with an increase.
 

silverharp

Well-known member
Joined
Jan 21, 2015
Messages
16,297
Keep it the same.
Increase the tax on the second house owned.
Increase it further on the third.
And so on.
seems petty also your back to attacking mostly smaller landords
 

onetimeonly

Well-known member
Joined
Jul 28, 2010
Messages
696
seems petty also your back to attacking mostly smaller landords
Yeah, it is a bit petty. Also, not fully thought through.
I would have thought that it would be attacking the smaller landlords the least though, what with the rate increasing for each additional house. Coupled with some kind of use-it-or-lose-it law for empty properties (at least in cities) it would help free up some property where it is needed.
 

Socratus O' Pericles

Well-known member
Joined
Oct 12, 2009
Messages
32,907
100k is not wealthy in Dublin if you are paying your own way and have a few kids. And taxpayers have bankrolled a huge leisure class of unemployables. Many of whom are well housed at our expense.

Housing tax should be based on value × square footage x BER level.
As I understand it we are approaching statistial full employment. We had this before around 07 & 08, the wealthy didnt pay their fair share then either.
 

Spirit Of Newgrange

Well-known member
Joined
Dec 4, 2010
Messages
4,602
ireland always crucifies those who try to work and pay their taxes.

meanwhile it is overly generous to undeserving knackers.
 

carlovian

Well-known member
Joined
Jun 20, 2008
Messages
5,272
BUMPETY BUMP

HBAP saying any further LPT increases will be minimal.

They better be or disposable income taken out of the country from home owners and tenants.

In fact ABOLISH it if possible.
Rents are going up 12% every year despite 4% rent limit and nothing done.
These increases are costing people thousands a year and hitting personal spending.

Yet the wealthiest crying about a few extra hundred euro a year and FG jump into
action.
 


New Threads

Most Replies

Top