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Seanad
‹ Order of Business

Property tax and mortgage arrears

Summary

Senators argue over previous commitments to property taxation, while Senator Daly says the Government should resolve mortgage arrears before imposing a tax that could worsen household difficulties.

We proposed a property tax, not a home tax.

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That is total hypocrisy.

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Sinn Féin has a great tax in the North.

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We get lots of services for those taxes.

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Paddy Burke An Cathaoirleach Fine Gael

Senator Daly, without interruption.

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Will the Deputy Leader organise a debate on the repayment of the promissory notes? It will be repaid to our masters in Frankfurt, which the Labour Party said would not happen.

I refer to the issue of mortgage arrears. A total of 27% of mortgages have either been restructured or are in arrears. The property tax, which will be announced in the budget, will worsen the situation for many people. The fact that the Government parties have not tackled the issue means they should not bring in a property tax. They should not do so until they have resolved the mortgage issue.

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