Local election snapshot: The Local Property Tax

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Local election snapshot: The Local Property Tax
Karl DeeterLPTLocal Adjustment Factor
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In a series of articles, Newstalk is bringing you local election snapshots in the run-up to the elections on June 7th

The Local Property Tax is the best way to tie taxation to the provision of local services , an expert has said.is bringing you local election snapshots in the run-up to the elections on June 7th.They provide hundreds of services ranging from roads, planning, housing and economic and community development.

"Local Property Tax can be changed by local authorities via their councillors who can push for a 'Local Adjustment Factor' to curry favour with voters," he said."All Dublin local authorities opted for a 15% reduction except Fingal, who opted for a lower reduction of 7.5%." "Then when it should rise some local authorities reduced the rate - this is entirely political and deprives residents, because with less money they then give you less services.Mr Deeter said local authorities do not have direct access to the tax.

"Instead it goes to the 'Local Government Fund' then the local authority has to apply to get their own money from that fund."For instance, motor tax used to pay for roads - that's not always the case - at one point it was taken for bailout payments.Mr Deeter said he believes the funding approach needs to change.

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