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Claeren · 05-21-2005, 10:45 AM

The brutal thing for Cities in Canada is that they have no power to self-raise money other then property taxes, and it is the one form of tax that does not rise automatically with inflation.

Your provincial and federal tax quietly went up FAR more this year then property taxes, and those monies paid for things less important to you then roads, transit, police, fire, ambulance/ER services, 911, parks, leisure, schools, etc.

Assuming modest HOUSEHOLD earnings of $60,000/yr going up 3%:
Provincial taxes went up ~$180/yr
Federal Taxes went up ~$250/yr
Property Taxes went up ~$45/yr

The city also gets hit because inflation in fuel, labour, land, and materials (their primary costs) went up a LOT more in Calgary then normal inflation.

Claeren.

05-21-2005, 10:45 AM	#8
Claeren Franchise Player Join Date: Jul 2003 Location: Section 218 Exp:	The brutal thing for Cities in Canada is that they have no power to self-raise money other then property taxes, and it is the one form of tax that does not rise automatically with inflation. Your provincial and federal tax quietly went up FAR more this year then property taxes, and those monies paid for things less important to you then roads, transit, police, fire, ambulance/ER services, 911, parks, leisure, schools, etc. Assuming modest HOUSEHOLD earnings of $60,000/yr going up 3%: Provincial taxes went up ~$180/yr Federal Taxes went up ~$250/yr Property Taxes went up ~$45/yr The city also gets hit because inflation in fuel, labour, land, and materials (their primary costs) went up a LOT more in Calgary then normal inflation. Claeren.