The ESRI says an income-based property tax would be fairer than the current Household Charge and would raise the same amount of money for the government.
According to the independent think-tank, the Household Charge – in its current form -imposes the greatest burden on those with the lowest incomes.
It suggests that individuals on an income of less than 15-thousand euro, and couples earning under 25-thousand euro, should be exempt from paying a property tax.
Professor Tim Callan of the ESRI says, according to its calculations, an average household would face a property tax of 375 Euro a year:
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