daveto
Active Member
I think Rob Ford said he is going to abolish the land transfer tax around 2012, could this put an even bigger dent in toronto sales? as people might wait to avoid paying the tax? or is it a non issue? opinions?
Toronto has a structural deficit currently at approx $400m on a $9b total budget. The LTT represents $160m of revenue.
I think the chances of Ford abolishing that tax are slim to none.