Wednesday, June 15, 2005

High Taxes in Toronto Bad for Business

Property taxes are so high in Toronto that businesses are re-locating to other lower-tax regions in the GTA.

While Toronto City Council doesn't even contemplate competitive taxes, the loss of revenues that stem from loss of business will hopefully register on Mayor Miller's radar one of these days.

Although a more likely scenario is the usual and predictable play of asking another level of government for a handout. Yet another reason why Mayor Miller should not be given more powers.

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