Quote:
Originally Posted by Slava
Yeah I know, but this is one of those “not my job” scenarios. I hate saying that but it’s really true; I have no expertise in knowing how to structure a tax system.
But giving that caveat, how about this. The city budget is X amount of dollars. There are Y amount of properties. X/Y gives you the taxable figure that property owners pay, and we’re done.
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I’m also far from an expert but I know enough to know that if a system like that was introduced, Calgary would be a ghost town in no time.
It’s not far off from saying people from all income levels should pay the same $$ amount in income taxes.