Comment 30917

By A Smith (anonymous) | Posted May 07, 2009 at 18:55:42

JonC >> unless of course you believe say halving the residential tax rate would immediately double property values. Which it won't

I personally don't think tax rates need to be cut in half overnight? But limiting government spending to the rate of inflation, plus population growth, would allow tax rates to fall and allow much more money to be spent by the people and businesses of Hamilton. It would force government to live within a budget, but could also be part of a larger program that provided large bonuses for staff that came in under budget.

In this way, government would have much more motivation to do a good job, but also less ability to make excuses and raise taxes.

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