Decision not to increase property tax ‘a missed chance’ to raise more taxes

The decision to postpone the revaluations of properties and therefore not increase property taxes is a “lost opportunity” to raise more taxes, the European Commission has told the Coalition.

In its latest assessment of Ireland since the bailout, Brussels also suggests that Irish Water could improve its explanation to the public to increase the acceptance of water charges.

The report suggests that growth in the economy is set to remain on track into next year but that the housing shortage could become acute as the numbers living here increase.