Why we should scrap property tax

On foot of Phil Hogan’s orders, Revenue are supposed to send everyone ‘a guide’ in 2013 telling them what they think the house is worth (and the owner, pay) backed up by threats of invading your home, privacy and bank account if you beg to differ.

Most properties are worth nothing at present if you tried to actually sell them. Will homeowners have to pay for a valuation if they disagree with Revenue and who will have the final word?

What happens if the market recovers and prices begin to creep back up? Or you install central heating or make your house energy efficient? Now that your house is worth more, you will have to pay more tax. Can we really be back to the days when you had to pay more rent to absentee landlords if you made any improvement to your hovel? How does the Government hope to stimulate a stagnant property market with this inane tax?