Posted Mar 15, 2022, 5:49 PM
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Registered User
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Join Date: Oct 2008
Location: The People's Glorious Republic of ... Sigh...
Posts: 8,519
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Quote:
Originally Posted by Changing City
Vancouver did bid for Amazon's HQ2. It's here. It's easy to see what taxes the cities are responsible for. The City of Vancouver commercial tax levy is $4.91 per $1,000 of assessed value, and the total tax payable with all the other taxes added - Provincial schools tax, Translink, Metro Vancouver etc is $9.97 per $1,000 of assessed value. In Toronto it's $12.30 per $1,000. Calgary is $20.61 per $1,000 of assessed value, and has risen for businesses more than in most cities over the past several years.
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Again, these mill rates are only half the story. Assessed values are the other half, and without the latter, the former can easily be used to spin falsehoods.
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