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By A Smith (anonymous) | Posted June 17, 2009 at 15:25:07
z jones, I like a nice bike ride as much as the next guy, but it's not going to make Hamilton a more prosperous place to live. If riding bikes produced wealth, then China should be richer per capita than we are, but they're not, they're much poorer. When tax rates are capped at 0.5%, this city will generate many more wealth creating economic transactions, property values will skyrocket and the city will be flooded with tax revenues. At that point in time, you can call for hundreds of miles of bike paths and I will gladly use them myself.
Tax cuts = strong assessment growth = much higher tax revenues = lots more services.
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