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By A Smith (anonymous) | Posted July 19, 2010 at 20:02:54
Pxtl, the rationale for government spending is to make the community livable. If a community is very livable, people will pay a premium to live there. As long as the government spends money wisely, delivering x+ in value for every x dollars spent, tax rates on homes should fall over time.
In Hamilton, we have higher tax rates than our GTA neighbours. This indicates that for each government dollar spent, this city government produces less in value than other communities.
The easiest way for government to reduce waste is to stop spending on things that aren't life or death. That means only water, police, fire and that's it. All other areas should be cut until such time Hamilton's property tax rate mathces that of Burlington. At that point, Hamilton's tax disadvantage will be nearly erased and the demand for our city will match our GTA neighbours. This would also mean property values closer to Halton levels rather than Brantford. levels.
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