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Old Posted Nov 30, 2021, 9:29 PM
GenWhy? GenWhy? is offline
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Join Date: Jun 2017
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Quote:
Originally Posted by WarrenC12 View Post
"Same taxes" is a bit questionable as taxes are based on a mill rate, not a set rate like other taxes. SFHs in Vancouver pay substantially more than other municipalities, and that's fine.

10% is meant as shock value. The increase has been limited to 5% this year, and I can't see any council proposing 10% in the future in all honesty.

That said, the way you increase revenue is through approving more dense development. Tax rates can remain flat as you grow the tax base to pay for increases.
Agreed and agreed. And... Abso-freaky-lutely. Moving away from Edmonton was a god-send due to their infrastructure upkeep going through the roof from sprawl and low density.

I just put that note in there because while when an article say "10%!" the overall context is missing, always.
     
     
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