Sinn Féin finance spokesperson, Pearse Doherty TD, has reiterated Sinn Fein’s commitment to repeal the Family Home Tax.
“Later this week and over the coming week or two every eligible and some ineligible households across this state will receive yet another demand from a government fixated on austerity and implementing the failed policies of Fianna Fáil,” said the Gaoth Dobhair politician.
“Only last week 70,000 homeowners heard that the AIB will be increasing its variable mortgage interest rates. This comes at a time when one in four mortgages is in distress. The last thing the 180,000 mortgage holders in distress need is another letter bearing unsustainable demands. For the 1.6 million people left with €50 or less at the end of the month once the essential bills have been paid, this will be the tipping point.
“We have showed how an alternative wealth tax could bring in more revenue, not dampen the domestic economy and hit those already struggling to pay.
The new “snitch clause” represents a new low for this government. This is an amendment coming from a government that no longer trusts the people. I believe the feeling is reciprocated.
“For Sinn Féin opposing a tax on the family home is a core issue and is not one we will discard as others have done. Sinn Féin will continue to campaign in the Oireachtas and across the state to repeal this unfair tax.”