Homeowners need higher property tax to tackle growing wealth gap, Economist warns

Homeowners need higher property tax to tackle growing wealth gap, Economist warns

Leading economist John FitzGerald has called for “proper” taxation of property owners to address Ireland’s growing wealth inequality, as housing represents an unprecedented share of national household wealth. Speaking on Newstalk radio, FitzGerald highlighted that homes account for almost 70% of Ireland’s net household wealth – significantly higher than the eurozone average of just over … Read more