Momentum’s €2 Taxi Rides & Vacant Home Tax: A Bold Vision for Malta
Momentum’s Manifesto: A €2 Taxi Ride & More for Malta’s Property Woes
Imagine hailing a taxi in Malta’s bustling Republic Street for just €2. Sounds like a dream? Not according to Momentum, the political party that’s promising just that and more in their recently launched manifesto. The party, known for its bold proposals, has set its sights on Malta’s property market and transport sector, aiming to tackle some of the island’s most pressing issues.
Revamping Public Transport: Affordable Taxi Rides & Free Bus Travel
Momentum’s manifesto, titled ‘A Better Malta’, proposes a radical overhaul of Malta’s public transport system. The party plans to introduce a flat €2 fare for all taxi rides across the island, a move that could significantly reduce transport costs for locals and tourists alike. This proposal aims to make taxis more affordable and competitive with bus services, encouraging more people to leave their cars at home.
But that’s not all. Momentum also plans to make bus travel free for all residents, a move that could significantly reduce the financial burden on low-income families. The party plans to fund this initiative through a tourist tax, ensuring that visitors contribute to the upkeep of the island’s public transport system.
Tackling Vacant Homes: A Tax on Empty Properties
Malta’s property market has long been a contentious issue, with soaring prices pricing out many locals from the market. Momentum aims to tackle this issue head-on with a proposal to tax vacant homes. The party plans to introduce a progressive tax on empty properties, starting at 1% for homes valued up to €150,000 and increasing to 5% for homes valued over €500,000.
The party argues that this measure will not only generate much-needed revenue for the government but also encourage property owners to rent out their vacant homes, increasing the supply of rental properties and easing the pressure on the property market.
Green Spaces & Affordable Housing: Momentum’s Vision for Malta
Momentum’s manifesto is not just about taxis and property. The party also has ambitious plans to create more green spaces in Malta’s urban areas, aiming to improve the quality of life for residents. The party plans to achieve this by investing in green roofs and walls, as well as creating more public parks and gardens.
The party also has plans to tackle Malta’s housing crisis, proposing the creation of affordable housing units for first-time buyers. Momentum plans to fund this initiative through a bond issue, with the government guaranteeing the bonds to ensure their safety.
Momentum’s manifesto is a bold attempt to tackle some of Malta’s most pressing issues. Whether or not these proposals will become a reality remains to be seen, but one thing is clear: Momentum is not afraid to think big and challenge the status quo.
“We believe that Malta can be a better place to live, work, and visit,” said Ivan Bartolo, Momentum’s party leader. “Our manifesto is a roadmap to achieving that vision, and we invite all Maltese to join us on this journey.”
