Comment 34504

By A Smith (anonymous) | Posted October 06, 2009 at 15:16:26

nobrainer >> What smith refuses to admit is that the same $500K will buy a lot more property in Hamilton than it will buy in Mississauga so you end up getting the same value for the money you pay in taxes.

In other words, per acre of Hamilton land, high property tax rates result in less consumer value, less tax revenue and less investment.

How again is this a good thing?

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