Karl was asked to appear on RTE’s ‘The Frontline’ because of his support of property tax. This is ‘the wrong step in the right direction’ in his opinion. Less income tax with local authorities supported by a ‘Site Value Tax’ is the way to go in his opinion. It was not a popular opinion.
In this piece Samantha Libreri of RTE looks at Local Authority Loans and specifically, at the fact that almost one third are in arrears of at least one month, while just under 30% are in arrears of three months or more. We were shocked to find this out, it makes sub-prime lenders look good in comparison.
We were equally surprised to find that there wasn’t a greater uptake on the story, we see this as a huge issue, especially as it is clear evidence that people who shouldn’t be getting loans are getting them from the state.