Wednesday, December 5, 2012
Could a Property Tax like this work for the UK?
"The Irish government has announced a fresh package of spending cuts and tax rises worth billions of euros in its budget for 2013. These include a new property tax of 0.18% of the value of a home up to 1m euros ($1.3m; Â£800,000)". "Ireland has gotten this tag that it is willing to do whatever it takes to remain on track, even if some of the measures are unpopular. They are taking a few measures that some other countries have been unwilling to look at."