The Malta Independent 29 April 2024, Monday
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Missing The point

Malta Independent Thursday, 31 March 2005, 00:00 Last update: about 20 years ago

I refer to Water Services Corporation chairman Michael Falzon's ridiculous mockery of my article, Justice has to be in the detail (TMID 21 March).

Of course taxes have to come from somewhere, nobody can really argue with that. I was trying to make one simple point which clearly eluded him. Today if you make a profit on property within months or a year you pay 35 per cent tax. If your second property is sold after 30 years, you are again taxed at the same rate with no real allowance for the fact that making Lm30,000 profit in one year is not the same as making it over 30 years.

If Mr Falzon cannot understand this is an injustice he is clearly not listening. Very many people own a second home and justifiably resent this level of tax. As I said before there are dishonest ways around this, but as usual in this country, mal hazin jehel it tajjeb (one measure for good and bad alike). Unlike him I carry out my research carefully, (in this case by also checking with three very established notaries) and bring up issues by listening to people, something he should emulate before he resorts to twisting facts.

Marisa Micallef

Naxxar

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