Toronto Property tax: 9.5%...feel relieved?

[Skoob]

A tactic insurance companies use on the eve of rate increases is to warn they will be significant and provide a percentage. They let that simmer for a bit then announce rate increases that are still significant but slightly less than what they had mentioned before. They do this to create a sense of relief as many will think "well it's better than what they were originally proposing so we should feel lucky".
Meanwhile, the actual rate increase is what they wanted all along.

That's what Comrade Chow and her merry band of Toronto city council nutjobs just did.




The staff-proposed budget released on Jan. 10 called for a nine per cent property tax increase, as well as a 1.5 per cent increase to the City Building Fund. That 10.5 per cent bump would have amounted to an increase of about $360 a year for the average Toronto household, Budget Chief Shelley Carroll said at the time.

The mayor’s office confirmed to CTV News Toronto that Chow is proposing lowering the property tax hike to eight per cent. Combined with a pre-approved 1.5 per cent increase to the City Building Fund for transit and housing, that would bring the total 2024 residential increase to 9.5 per cent.


https://www.cp24.com/news/chow-to-t...-budget-set-to-be-unveiled-thursday-1.6750350

 

[Anbarandy]

There still is time for you to make a difference as the proposed budget still has to be presented to council, who will then debate, make recommendations, amendments etc and then vote on a finalized budget.

What will you do? What will you do?

You have some many other files on your desk such as the:

1) Vacant Home Law and Smash 'n' Grab Tax.
2) Lazy, no good for nothing unionized city worker pork barrel smashing project
3) Why do we need a city government anyway, what's up with that? portfolio
4) etc etc etc ad nauseum, ad infinitum.

Here's one you probably haven't thought of:

The TPS budget. Lotsa pork barreling a-goin on there. A small, tiny 1% haircut will save over a $100million/year. Waddya think about that?

 

[Skoob]

There still is time for you to make a difference as the proposed budget still has to be present to council, who will then debate, make recommendations, amendments etc and then vote on a finalized budget.

What will you do? What will you do?

You have some many other files on your desk such as the:

1) Vacant Home Law and Smash 'n' Grab Tax.
2) Lazy, no good for nothing unionized city worker pork barrel smashing project
3) Why do we need a city government anyway, what's up with that? portfolio
4) etc etc etc ad nauseum, ad infinitum.

Here's one you probably haven't thought of:

The TPS budget. Lotsa pork barreling a-goin on there. A small, tiny 1% haircut will save over a $100million/year. Waddya think about that?

Thanks for tracking my portfolio...they all said you were good at taking Dick-tation.

re TPS budget is not decreasing...it's increasing...just not as much as they wanted.

 

[Anbarandy]

re TPS budget is not decreasing...it's increasing...just not as much as they wanted.

The TPS is awash in gravy.

You're a "cut, cut, cut", "axe, axe, axe", "take a wrecking ball to it", kinda guy, right.

How much would you trim from the TPS to help out good ole, downtrodden taxpayers.

Pick a $$$ amount, a percentage, "Mr. Cut-Axe-Wrecking Ball".

 

[Skoob]

The TPS is awash in gravy.

You're a "cut, cut, cut", "axe, axe, axe", "take a wrecking ball to it", kinda guy, right.

How much would you trim from the TPS to help out good ole, downtrodden taxpayers.

Pick a $$$ amount, a percentage, "Mr. Cut-Axe-Wrecking Ball".

What's your infatuation with TPS as opposed to all other municipal workers?
btw Did Chow get her raise yet?

 

[Anbarandy]

What's your infatuation with TPS as opposed to all other municipal workers?
btw Did Chow get her raise yet?

Psst, your slip is showing, madam.

 

[Darts]

I think I heard the mayor say she will lower taxes on high density buildings. I guess that is one solution to the lack of housing. Squeeze more people into the same space.

I met an SP once who told me she lived in one of the houses on Palmerston. Those houses cost a fortune. I thought SP's make more money than I had thought.

Anyway, she then added that she and her BF live with 10 other people. It was a rooming house.

 

[Frankfooter]

The TPS is awash in gravy.

You're a "cut, cut, cut", "axe, axe, axe", "take a wrecking ball to it", kinda guy, right.

How much would you trim from the TPS to help out good ole, downtrodden taxpayers.

Pick a $$$ amount, a percentage, "Mr. Cut-Axe-Wrecking Ball".

Maybe its time to cut the horses.
We really don't need cops on horses in Toronto.

 

[Anbarandy]

Maybe its time to cut the horses.
We really don't need cops on horses in Toronto.

I'm sure Skooby has lotsa ideas on finding gravy savings in the TPS budget that will help to ease the financial burden on taxpayers.

 

[Skoob]

Psst, your slip is showing, madam.

Wow what an insightful response. I guess you have nothing. Oh well.

 

[JohnHenry]

If I lived in Toronto, I would be more worried about MPAC re-calculating my assessed value than a 9.5 % increase.

 

[squeezer]

Maybe its time to cut the horses.
We really don't need cops on horses in Toronto.

HOW dare you! Leave the horses alone!!!

It was such a joy when John Tory took down Skelly's restaurant using horses.

 

[Dutch Oven]

As Dire Straits said "Money for nothing and your chicks for free!", except I don't think they were talking about THESE chicks:

 

[Dutch Oven]

The TPS is awash in gravy.

You're a "cut, cut, cut", "axe, axe, axe", "take a wrecking ball to it", kinda guy, right.

How much would you trim from the TPS to help out good ole, downtrodden taxpayers.

Pick a $$$ amount, a percentage, "Mr. Cut-Axe-Wrecking Ball".

I agree that the TPS shouldn't be exempt from cuts. However, people should realize that some parts of this city are not attractive to developers because crime is not under control in those areas. That lost development costs the City money, nevermind the policing costs of maintaining an unproductive status quo. Where we might agree is that it's my view that the TPS could stand a little "better policing" before we all invest in "more policing". More bad never results in good.

Maybe the right solution for Toronto is just to place the city into receivership. A receiver would have no problem identifying massive operational savings that could be implemented immediately without the usual obstructive antics of council.

What do you think of this campaign slogan "Olivia Chow for Bankruptcy Now!"?

 

[Skoob]

I'm sure Skooby has lotsa ideas on finding gravy savings in the TPS budget that will help to ease the financial burden on taxpayers.

I think you getting off welfare would be a good start.

 

[speakercontrols]

Given Toronto's Mill Rate, you guys have to stop whining.

 

[superstar_88]

If I lived in Toronto, I would be more worried about MPAC re-calculating my assessed value than a 9.5 % increase.

Don't give them any ideas ...

 

[speakercontrols]

If I lived in Toronto, I would be more worried about MPAC re-calculating my assessed value than a 9.5 % increase.

^ this is true!

 

[jalimon]

Prices of everything are going up. Taxes, insurance, rent, mortgage, houses, food...

I have not step foot in a restaurant in 4 months now. No theatre. No new clothes... i did one trip to mexico that i bought a year ago. I couldn't afford it now.

The best thing is probably for the economy to completely collapse so normal people can live again?

 

[RZG]

And next year Chow can campaign on a 8.9% tax increase, see...I`m cutting taxes.