Quote:
Originally Posted by OMG!WTF!
This one was in business for 18 years. Their property tax went from $34k in 2013 to $67k in 2014. That increase was because of improving net sales. Now that sales are down, the city needs to do something to react faster to keep people in business. Next year is too late.
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Property tax is linked to net sales? When did this start?
I don't usually agree with Psycnet, however this one time he is correct because this is all the most Soviet of all red herrings. It's amusing how so many people focus on irrelevancies to push a narrative.
High-end restaurants fail all the time, and restaurants in general fail all the time. Some of you are acting like the city increased taxes 95% (67k is 33k more than 34k) across the board and we're all going to be camping in Locke's backyard with the Young Pioneers after Trudeau nationalizes his house. Get some perspective.
Further, those of you talking about simple economics don't understand economics either, because if you did, you'd have been the first ones clamouring for for increased taxes years ago so that budgets weren't based on oil revenues. I fail to remember those discussions, being as they mostly didn't happen, or were mocked (Cut waste instead! Cut waste!), because the usual TAX = BAD argument is even more venerable than BIG=GOOD in FoI.
I didn't vote for "Do-Nothing Duerr" when he ran the city, nor for David "Let's Build Out to Okotoks!" Bronconnier. Nor did I vote for Ralph Klein, Stelmach, or the rest of the clownshoes whose belief that the only good provincial government is one that acts like a miserly uncle too cheap to fix the holes in the roof of his tarpaper shack. Those of you that did, and congratulated yourself on your fiscal prudency, are just as deluded as the free-wheeling pie-sky zealots of the NDP and their cadres.