I agree with you that Toronto has a large workforce that comes from outside of the city every day. That being said, they also have many events that are well attended by those from outside of the city limits. Here's where I disagree with you about the levies. There are already levies(taxes) on the things people come into the city for, whether they are collected by the city, the province or the feds. Toronto cries poor and one level of the government or another hands them some money. Just recently the city claimed how much Taylor Swift and her fan base would bring to the city. So the city made bank on this one event and this is just one, among many events that they host. There would be an outcry from all who come here, if they had to pay an additional levy, when they've paid one or more on whatever they came into the city for. You blame Ford here, about levies and him standing up for the suburbs. If it was that easy, then why didn't the liberals allow the city to do this under Wynne or McGuinty? My memory is fuzzy on this, but I believe they were approached over it, in one way or another, and denied the city this form of taxation.
As for the bike lanes, I maintain that they help cause gridlock. A highway study from many years ago showed that closing down one lane of a three lane highway, reduced the highway by 50%. I can't quote figures about a two lane roadway, but I'm sure it has to be over a 50% reduction in traffic flow. There are secondary routes, where this impact will not be felt.
As well, this city has always been anti-car, thinking that their "world class" transit system was the answer to everything (that's a whole other story). Fast forward to today, where they embrace the buzz words of the day and say that they are going "green" for the people of Toronto and they are going to save the environment, and small special interest group, like cyclists, who seem to get their way here, get the bike lanes that they have always wanted. Here's the problem with how they go about doing it. They don't use any common sense. Plain and simple. They want them on the main roads for exposure, showing their commitment to the "green" movement. Better planning could have save the city a lot of headaches and it could serve everyone, not just one group. If you are indeed a "world class" city, then you need to address your issue with common sense and real answers to what is needed. I'm not saying no to any bike lanes, I'm just saying that there are better alternatives to the way that they've done it.