The Local Property Tax (LPT) governing agreement involves Fine Gael, Fianna Fáil, the Green Party, and the Labour Party, lasting until 2029. Local authorities can reduce the LPT rate by 15%. The recent motion passed after a debate marked the first application of a baseline rate in Dublin since 2013. Councillors argued over the tax's fairness, with Sinn Féin claiming it unfairly penalizes residents due to Dublin's high housing costs. Green Party members emphasized the need for investment in poor housing conditions, proposing a €20 million investment over four years to improve living situations.
"It's not even a property tax. We need to dispel that myth," said Sinn Féin's Daithí Doolan. "It is a charge on people's homes, and those living in Dublin are unfairly punished by an extremely high price of housing in the capital, and this is used as a benchmark to measure the local property tax."
Green Party member Janet Horner said: "Everyone who votes this down tonight, you can argue the theories of it all you want, but what you are voting down in this motion is investing €20m into doing up the worst [housing] conditions. Over the next four years, we will be investing €20m into addressing some of the worst housing conditions in this city."
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