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THE REPORT BY the expert group set up to examine the forthcoming property tax will be presented to cabinet shorty, the Department of Environment has said.
Environment Minister Phil Hogan set up an inter-departmental expert group to examine property tax proposals at the beginning of the year and received its final report over the summer.
But so far its findings have not been made public.
Today the group, Smart Taxes Network, suggested the government may be suppressing the report because it proposes a site value tax, a claim the Department of Environment denied.
“The report will be brought to Cabinet in the near future, it will be done shortly,” a spokesperson said when asked about the suggestion that the report was being held back by the Smart Taxes Network which advocates for the introduction of a site value tax.
The idea, which has been developed by a number of leading economists and commentators including Constantin Gurdgiev and Ronan Lyons, involves the property tax being calculated based on the value of the land rather than the value of the property.
The government has so far insisted that all that has been decided so far about the tax is that it will be collected by the Revenue Commissioners and will come into effect in the middle of next year.
Finance Minister Michael Noonan has ruled out a property tax that is levied based on 0.5 per cent of the value of a house, an idea which has support from the IMF but has been described by Noonan as “far too high”.
The Smart Taxes Network is holding a public debate in Trintiy College Dublin tonight at 7.30pm.
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A credit to these workers and their families who seemed to be doing most of the protesting,picketing and online campaigning themeslves ,very proud to be Irish because of them this week.
The important lesson here is that the people stood together, they stayed loyal to each other and their strength came from themselves. They did this for us, for employees that may be in a horrible situation like they have been in the past few months.
They have set a precident for all. It’s not what they received in money in the end, it was people power. I wish them well in their future and I hope it’s a good and positive one.
Hooray! And they should get double nay treble for the trouble they had to go to in order to achieve their rights.
Up the workers – up the workers – up the workers.
Its great that they got a result, well done to all involved and those that supported them all over the world through social networks….. People power is alive and kicking
Just a question? Why didn’t we get a list of the main customers of Vita Cortex customers so we could arrange a boycott unless it is sorted.
Get them where it hurts.
Credit to the VC32 and their families for standing strong through thick and thin for what was right not just for them but for every worker in the country.
Brilliant United bunch – now if we hold together in the Referendum – we too can teach Government and Europe a lesson in not taking the Irish Population for granted as being austerity mugs for the Bankers and inept Politicians !
Fair f?!?! To you all- got what u were entitled to- fair play
have your say