FG Dublin City Councillors propose 15% cut in Property Tax

The Fine Gael group of Councillors on Dublin City Council has submitted a motion ahead of Monday’s Council Meeting proposing a maximum 15% cut in the Local Property Tax rate for 2015. Each local authority has the power to vary the tax within its area up or down on an annual basis by a maximum of 15%, and the Fine Gael Councillors are supporting a full 15% cut in the city for 2015.

“As Fine Gael candidates we campaigned in the Local Elections on the basis of introducing a 15% cut to the local property tax in the City of Dublin, and we are now keeping this promise. We are calling on all Councillors and all parties to support our motion on Monday night, and to support this constructive budgetary measure,” said Cllr Kieran Binchy, Fine Gael Group Leader, Dublin City Council.

“The residents of this city work hard for their money, and we want to put as much of it as the City’s budget will allow back in to their pocket and back in to the local economy.”

“Given that this tax provides an increased budget stream for the city, we believe that Dublin City Council can continue to maintain the current level of core services and can continue to deliver increased efficiencies, without further raising the tax burden on its citizens. As the economy improves, a 15% cut provides certainty and stability for taxpayers and for the Council.”