Phase in property tax hikes ‘over more than one year’

The OECD says Ireland’s tax and welfare system has helped lessen the painful economic effects of the crisis for many.

The report finds a high level of income inequality, made worse because poorly-educated people are more likely to be unemployed than in many OECD countries.

On taxes, the report urges the Government not to abandon the link between the local property tax and house prices, despite the huge surge in property valuations since 2013.