Massive mortgages go to tax-exempt tycoons

I WONDER at the way your newspaper, like most others, has been uncritically extolling the so-called health of the Irish property market over the past few years.

On June 27, when the front page contained two remarkable stories, you remained essentially silent.

Let’s see ... apparently the vast majority of Ireland’s millionaires pay almost no taxes on their income because of the extensive property-related tax breaks that various governments put in place — so they get to keep their millions.