Hogan’s sweetheart mortgages
It has emerged that Minister Phil Hogan got ‘soft loans’ of around €900,000 to buy luxury properties in Dublin 4 and Portugal. The gross hypocracy of this will not be lost on those suffering from negative equity who are being hounded by Hogan to pay the household tax.
In the week when Hogan is sending warning letters to hundreds of thousands boycotting the charge, this takes away any credibility to impose home taxes on hard-pressed homeowners struggling to pay mortgages at the standard bank rate.
This can only strengthen the resolve of those who will receive letters in the coming weeks to maintain the hugely successful boycott.
Hogan joins a long line of politicans who have used their political positions for personal financial gain. The taxpayer will no doubt pick up the tab as it bails out the toxic dealings of Irish Nationwide.
The CAHWT will be encouraging the 52% of ordinary one-home owners not paying the home tax to note this rank hypocrisy and to join the Campaign’s anti-austerity march to the Dail on Wed July 18th.
About the Campaign
