No. Property taxes increase when Council votes to increase the rate; in the tax-hike Rob is backing—although he campaigned on holding rates constant and giving back both Miller taxes, he hasn't found enough gravy to do either—that's a raise of 1.5%. What you're referring to is an increase in the property-tax revenue because assessments/property values have risen. You will indeed pay more HST on a Rolex than on a Timex, but the rate's the same, and no one promised it wouldn't change, then raised it.
For making a promise he couldn't possibly keep, we can blame Ford. For buying such a false and stupid promise, and still not seeing he's incompetent to manage anything like it, we can only blame the Ford Nation.