The Great Tax Take Take Take ; New Taxes On Owning a Home Eur 2,500 a Year to Use Water 35 Cent On a Litre of Petrol [Eire Region]

Summary


HARD-PRESSED families will bear the brunt of Draconian proposals to raise e3billion in new taxes.

Working parents who own their own home, run a domestic car and are struggling to raise their children would be worst hit by this radical tax plan.

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The Great Tax Take Take Take ; New Taxes On Owning a Home Eur 2,500 a Year to Use Water 35 Cent On a Litre of Petrol [Eire Region]

The measures, which are expected to form part of the next Budget - in three months' time - could add more than e6,000 a year to the average annual household bill.

The Commission on Taxation is proposing to hammer homeowners with a 'key recommendation' that would see them paying between e938 and e1,125 extra a year on a house worth e350,000.

A third income tax rate is proposed - between the...

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