ubiquitous
Registered User
- Messages
- 3,782
This issue could be resolved by exempting the first €500k from the tax .
This wouldn't make a whole lot of sense. What percentage of properties in Ireland are worth more than €500k? What would this percentage be if a property tax of say €10,000 per year was levied? You would end up with a small subset of the national property stock being levied with a high property tax and the bulk of properties being levied zero.