The Subject of this afternoon's email from the Toronto Star proclaimed:
"Why a tax hike could be good for the city"
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In the email itself, that was reworded to:
"Experts say a big tax hike would correct Toronto’s revenue gap"
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When you get to the website, the headline there is toned-down a bit to announce:
"'Day of reckoning': big tax hike would correct Toronto's revenue gap, experts say"
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For more background, see my Post, Increasing Lunacy
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While the proposed 10.5 per cent property tax increase in the 2024 budget might be painful for Torontonians, data suggests they've long been paying less than their neighbours.
[So as long as someone else is getting clobbered even worse, it's OK?]
[Snip]
Torontonians have lots of terms to describe the big property tax hike they could be facing this year. Massive. Historic. Scary. Unfair. But some experts are using another word: overdue.
[The mind reels. Did someone write that line with a straight face, or were they cracking up at its outrageous absurdness?]
[Snip]
While some homeowners and critics have expressed anger at the potentially steep hike, data suggests that years of holding the line on property taxes have left Torontonians paying significantly less than neighbours in other cities. A big increase might be painful, but it could help close the gap and raise badly needed revenue for the city, experts say.
[Government has done so much to trash the economy, and deserves to be rewarded for its' malevolence!?! If the government was doing good things, property values would have risen, and taxes along with them. Accompanied by taxes from other sources that go up with an improving economy.
I could go on, but the above is enough. The article continues to spiral into a mental abyss].
'Day of reckoning': big tax hike would correct Toronto's revenue gap, experts say
Terry, thank-you for bringing Canada into the spotlight once again. As a Canadian, may I state that in Canada there are no "experts." There are only minions and pontificators of platitudes afraid to do the bold thing - speak the truth and take action. These tax hikes, I am sure, are the brainchild of none other than our fascist leader and the latest CCP influencer, the newly appointed Toronto Major, Olivia Chow. This is a direct shot across the bow at the middle class and those more financially prosperous who are hanging by a thread. They say 70% of Canadians want him gone. He has survived episodes of outrageous misconduct, fiscal and parliamentary corruption only to see another day as the Canadian Prime Minister. Of course he is a graduate of Klaus Schwab's young leaders' academy. His grooming and his unabashed flaunting of THE agenda is pretty hard to swallow. I dearly wish for a "1776" moment in Canada but as long as the Feds are making those cash deposits into Canadians' bank accounts, the majority of Canadians will remain silent not wanting to rock the proverbial boat. I said years ago, "Canadians are great at coffee table banter, pontificating, complaining and whining but when action is needed inaction is a forgone conclusion." "In the end we will remember not the words of our enemies but the silence of our friends." - Dr. Martin Luther King Jr.