IMF/EU ORDERS Ireland to impose property tax within the year.

[dixiegrrrrl]

Sounds like the IMF has declared war on Ireland.
Can you imagine? A consortium of banks ORDERS a country to tax the citizens.
Hows THAT for "sovereign nation" status?

"THE Government has been ordered by the EU/IMF to impose a property tax on all homeowners within a year.

The controversial annual tax is expected to be announced in December's Budget -- even though it was not in the Programme for Government.

The imposition of the tax and the precise timeline for its roll-out are key requirements for Ireland to avail of the EU/IMF €85bn bailout package.

And the Department of the Environment confirmed that the tax will rise within a year of being introduced."

http://www.independent.ie/national-news/property-tax-on-way-within-year-2603975.html

sorta works like the Mob.
"You borrow money from us, we make you run your business into the ground as we suck out all the income from it."

[applegrove]

1. The neoliberals in the USA must be peeing their pants. Ireland was their ideal country

back before it tanked. They used to use it as an example of how great things turn out if you just let business be business and do not tax it.

[dixiegrrrrl]

2. Neo-liberals?

Ireland tanked because their government allowed the bankers to bleed them dry, then they begged for loans from the IMF, which ALWAYS comes with a huge price tag. In fact, the IMF is broke, it just lives off the suckerage it gets from all these conditional loans,
Ireland was one of the many countries that the right wing governments have fed to the IMF.

[fasttense]

3. So much for sovereign countries.

When you turn into a neocon economy, you give up your nations right to its own sovereignty.

Just like the US gave up all their jobs. Neocon economy comes at a very high price.