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By g. (anonymous) | Posted October 24, 2007 at 06:15:44
the other interesting thing with this tax is that its ability to generate revenue is directly tied to the health of the housing market. sounds good now with a booming market but what happens when things fall apart. where will toronto be then? and this tax grab doesn't even solve the budget problem they already have. these are good economic times, toronto should be rolling in money like... hmmm... the federal government. what's their secret?
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