what kind of fool would even think of writing a blog on being a landlord?
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still waiting for government to HTFU and confiscate unused property.
so?that was the argument being put forward by some FG TD on drivetime yesterday in reaction to RBB's arguments on it.
Both parties have said they if in government they would like to abolish property tax in favour of reforming income tax bands instead, making a fairer tax system which taxes the rich more than the poor. Both have also said they would go after vulture funds, investment funds, multinationals, etc to make them pay actual tax instead of letting them pay nothing. They've said it again and again and again and again, maybe you haven't heard it before, but it doesn't sound like less tax, does it?so?
Edit: It's obvious the FG TD is being deceitful as they are effectively a low tax party however it doesn't take away from the validity of the argument. SF and PBB teamed up with FG and FF last year to keep the discount on Property Tax in the DCC area which is another one of the main reasons there will be a rise this year- it has been suppressed since it was brought in back in 2013.
Both parties have said they if in government they would like to abolish property tax in favour of reforming income tax bands instead, making a fairer tax system which taxes the rich more than the poor. Both have also said they would go after vulture funds, investment funds, multinationals, etc to make them pay actual tax instead of letting them pay nothing. They've said it again and again and again and again, maybe you haven't heard it before, but it doesn't sound like less tax, does it?
LPT funding local council sounds great until you realise that areas with the most expensive houses would raise the most LPT and get the most funding...
Yup- there definitely would need to be a balancing out for rural areas and areas with low values. Would be interesting to see how it pans out per capita though- value is driven by scarcity, not just size/prestige. Most of the proper expensive areas propably have a low density so that wold slightly balance it out...
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