Quote:
Originally Posted by mykalberta
I think the fact that developers say they wont be able to pass along the costs is complete BS. on a 450K home thats is less than 1.75% increase.
Anyone who can afford a new home in the "burbs" can afford the $7K fee. This isnt the time of the $100K home, these homes are close to half a million.
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I think they're more fond of saying that they'll pass on the full increase, in order to scare consumers into voting their way. Neither is true. The burden of the developer levy increase would be split between consumers and producers. If they were able to charge $457K instead of $450K they'd be doing it already.
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Quote:
Originally Posted by JobHopper
That may be true but you can't just go and raise taxes just because they're amongst the lowest in the country. What my point is, taxes can't be going up faster than people's wages. I always think that all levels of government need to better accountable of taxpayers money.
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Low taxes is not a reason a reason to raise taxes in itself, but it suggests that tax increases may be necessary to meet service expections. Our tax rate has caused debts, both fiscal debts and infrastructure debts. Tax increases above inflation are uncomfortable, but the alternative is making the hole we're in even deeper.