Quote:
Originally Posted by CPK80
Mill rate is a fair way to compare tax rates... Yes there is more than that but it is a simple and quick comparison, yes houses are cheaper in Regina but also the cost of delivering services would be cheaper (Employee Wages would be lower) in Regina.
If you own a $500,000 in Calgary you would pay 2,389.75 a year
If you own a $500,000 in Regina you would pay 4,557.60 a year
|
I think what Calgarywining is saying, sure, we pay less but that isn't clearly correlated to Regina building an arena, we have larger downtown district subsidizing our residential rates- its too murky and grey to make a general sweeping statement without detailed analysis, and mill rate doesn't provide that context.