Quote:
Originally Posted by bizaro86
If I have a 500k house, I pay nearly 10x more property tax than someone who owns 500k worth of farmland. And it's much more efficient to deliver services to me in a city where I can share roads/hospitals/schools with a huge number of other people than it is in a rural area.
I don't have an issue with taxation by assessment, it's reasonable for the well off to pay more. I have an issue with taxation by assessment where one type of industry/lifestyle pays hugely less than everyone else.
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You may not be aware, but commercial and industrial rates are a lot higher than residential. In Calgary the rate is ~ 0.6% for residential and ~ 1.6% for everything else.
Everything else I agree with though.