Comment 56202

By jason (registered) | Posted January 13, 2011 at 13:02:28

ASmith, you're missing the point. We are all the same taxpayer. If the city's assessment base skyrockets due to hundreds of millions in investment, that benefits all of us. Suddenly there are more sources of income for the city to do things like their infrastructure renewal plan and wastewater plan instead of having to raise taxes nonstop. You seem to be an expert on the issue of taxation. So, tell me - how else do we keep taxes in check if increasing the city's assessment base isn't agreeable to you??
There are two pockets that can be picked - residential, or business/commercial/industrial. Hamilton, of all cities, should undertand the dire need to see billions of new investment come to our city, especially in the lower city corridor which has had depressed property values for many years. A new stadium will never do anything good for our tax base. LRT will.

Comment edited by jason on 2011-01-13 13:02:58

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