The money isn’t there to bring in a property tax

It would be foolish to proceed with plans for a property tax. The Irish people just can’t afford it, writes Michael McGrath

I FIRMLY believe this is not the time for the introduction of a residential property tax and that the Fine Gael/Labour Government would be very unwise to proceed with the introduction of such a tax during its lifetime.

As they read this, I can almost hear Government TDs and supporters ask how a Fianna Fáil representative can say this since it was Fianna Fáil and the Greens who agreed to introduce a property tax as part of the original memorandum of understanding negotiated with the troika in Nov 2010.