Does Leo Varadkar not understand the basis of the country’s general taxation system? Of how progressive taxation and fiscal redistribution works? That is the question which springs to mind when one reads this dismaying report from The Examiner:
Millions of euro in local property tax income from wealthy areas will no longer be used to bail out poorer communities under new Government plans.
Taoiseach Leo Varadkar said the existing system is not working…
Mr Varadkar said that, under current rules, all property tax is pooled nationally and used to pay for services in local authorities across the country.
However, under new plans that are set to spark anger in worse-off areas, the Taoiseach said he wants to ring-fence resources for the areas they come from, meaning wealthy locations will keep their money while poorer communities will see a drop-off in funds.
If, as claimed, the Fine Gael leader resents the “Tory boy” sobriquet given to him by his critics, this iniquitous proposal on an already poorly legislated tax goes a long way towards proving its validity. Tax segregation, ring-fencing levies raised in rich communities for the benefit of rich communities, which is what this will amount to, is utterly repugnant.