Quote:
Originally Posted by rubecube
Because it goes into the pockets of business owners, not into the city's public funds. It's great that it benefits local businesses, but it would be at a cost to the city as a whole as the city would still be short money for public services.
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"pockets of business owners" - and just who do you think own the businesses along 17th avenue? (hint: Calgarians...who live here, and pay taxes here).
There is not some magical pool of capital that the City draws from to pay for public services. The city needs a tax base, or the pool runs dry. How do you maintain a tax base? You invest in it. Build things that promote business, not turn it away. Invest and create a city that is pro-business and incents mid-high income earners to want to live here. Like it or not, this is what creates money for public services...the money does not create itself.