Thaw Out The Tax Freeze
Posted
7/10/2012 9:34:00 AM
Mayor Ford is tabling another property tax freeze for 2014 and 2015.
A tax increase of 1.75 percent is on the books for 2013.
Given the financial sate of the city/province/country/planet, how can Mayor Ford be sure that Toronto won’t need the economic boost from property taxes those years?
Look west to Mississauga, where property taxes remained stable for close to a decade, they are now preparing to swallow a significant property tax hike.
Wouldn’t several small increases year over year make more sense than whomping people with a mammoth increase once every five or ten years?
If politicians used common sense, they may gain more sway.
Or could Mayor Ford be demonstrating some political savvy here, in a bid to kick off his reelection campaign?
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John Oakley
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