I won't go far into this. Yesterday was a tough day at City Hall.
Let's just just say that if the urban reserve is established, it won't contribute at all toward the stated objective -- economic equality for Indians in North Central Regina.
Thursday, January 18, 2007
Regina urban reserve
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11 comments:
Please explain further and please explain, why it is OK to give out exemptions to other businesses but not aboriginal run ones?
It's not OK.
Why so quite on that then ?
That should be quiet.. pardon my typo.
Quiet like this:
‘On
the Dole’
Boy, I really don't know how to use HTML tags:
http://www.taxpayer.com/pdf/
2007_corporate_welfare_report.pdf
And Mr. Maclean ?
Where have you been on municipal corporate tax exemptions ?
Chad, I think if you have read anything we have ever written over the past 15 years, we've stood for lower taxes for everyone.
With regard to "abatements" that we see in many municipalities -- yes, that's still represents a market distortion.
However, this is much different from an urban reserve. You see, theoretically anyone can access the City of Regina abatements to develop in the city core.
Urban reserves represent a benefit to a specific group based on their ancestry. Urban reserves also exempt the business from paying any taxes whatsoever. Property tax abatements give a break on just one tax bill, the rest stand.
David,
We are talking about 3 businesses that don't get an abatement and are paying property taxes in grants as part of the service agreement. The rest is between the band and other levels of government.
Also, there isn't a big stampeded to provide these services in the area. So it isn't really a market issue.Is it ?
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