Irish Government ordered by the EU/IMF to impose a property tax on all homeowners within a year
Irish Government ordered by the EU/IMF to impose a property tax on all homeowners within a year
Property tax on way within year
Irish Independent
April 01, 2011
THE Government has been ordered by the EU/IMF to impose a property tax on all homeowners within a year.
The controversial annual tax is expected to be announced in December’s Budget — even though it was not in the Programme for Government.
The imposition of the tax and the precise timeline for its roll-out are key requirements for Ireland to avail of the EU/IMF €85bn bailout package.
And the Department of the Environment confirmed that the tax will rise within a year of being introduced.
Ireland EU The War Is Waged
Boston Wealth
April 2nd, 2011
An interesting and disturbing development is being reported from the Irish Independent regarding the previous bailout package negotiated in 2010. Ireland is no longer a sovereign state, plain and simple if it allows this to happen.
“The Government has been ordered by the EU/IMF to impose a property tax on all homeowners within a year.”
“The controversial annual tax is expected to be announced in December’s Budget — even though it was not in the Programme for Government.”
“And the Department of the Environment confirmed that the tax will rise within a year of being introduced.”
Whether this is in response to Ireland’s demand that bond holders are involved in the 24 billion euro capital injection needed for Irish banks or not no one will never know but the timing is quite interesting. Truly amazing that not only will an additional tax be implemented but after one year it will be raised. Seems to me this is pushing people beyond their breaking point here.
The Irish administration responded by saying only that such a tax would be “considered.”
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