Quote:
Originally Posted by esquire
^ In fairness, just about any ambitious promises made by a mayoral candidate (i.e. anything beyond normal operating budget stuff) will require someone else to pick up a good chunk of the tab.
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We should all remember that the average municipal property tax bill across other major Canadian cities is around $2,900. In Winnipeg, it's $2,173 (includes frontage levy). If Winnipeggers had their property taxed at a rate that was closer to the Canadian average, the municipal budget would have an extra $250 million in revenue, every year.
No need to ask the province for 1% of the PST - something that no other city gets in Canada. We would also be wise to remember that in the off chance that Murray got his wish granted and Stephanson handed over a no-strings attached cut of the PST, the Province would then be facing an equivalent reduction in revenue to other provincial programs. Knowing the cons, it's not like they are going to find some other revenue source, which means something else at a provincial level would be cut to grant Murray his wish. What would it be? Reduce funding to social services, or post-secondary education, or infrastructure?
Murray's ask is a double-edged sword that takes away the hard decision making from him and offloads it to the Premiere, which is a wishy-washy way of trying to generate more revenue without committing to unpopular property tax increases. Give Murray what he wants, and we will see something else suffer at the provincial level. My guess? Give Murray the 1% PST and see the equivalent amount reduced from capital grants, making the switch revenue neutral and making no-one better off.