This article originally appeared in RENX.ca – Real Estate News Exchange, under the title “How can we avoid the need for $20B tax refunds?” on March 7, 2013 $17.44 billion. It’s a big number. Where is it from, you ask? The source is the 2011 Annual Report from Ontario’s Municipal Property Assessment Corp. Continue Reading...
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Tag Archives: government
Some people just don’t get it. Property taxes are a tax on wealth. Taxation options available to government are limited and simple. Income, acquisition, consumption and wealth are the big four measurable items that can be taxed. Flat rates or head tax are a fifth and politically courageous option. Municipal government gets the short end Continue Reading...
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