“This proposed budget will mean change in Torontonians’ lives today. Change means libraries open seven days a week, transit fares frozen while TTC service increases and thousands more kids fed meals at schools and summer camps,” Chow told reporters at city hall.
“Pools open sooner and longer; renovictions prevented by taking housing off the market and more support for tenants; traffic agents to keep Toronto moving and emergency responders arriving sooner when you need them most.”
☝️Now that’s how a politician should talk about taxes.
But they’re doing that by increasing taxes on wealth, capital gains, windfalls, luxury real estate, and income in the top 10%, right? They’re totally not increasing taxes by even so much as one penny on working class citizens when there’s so much obscene wealth controlled by a few.
Right?
Municipalities in Ontario don’t have the ability to tax those things.
In addition, property taxes on a large house are much higher than the property taxes on a condo. So even though they can’t target wealth very well, the property tax is somewhat progressive.