Since taking the helm as mayor, David Miller has increased Toronto's property taxes by over 20%, not including this new increase by 4%. At what point will Miller finally say enough money is enough?
The City of Toronto has experienced approximately 2% inflation annually since 2003. So in total, we've had about 12% increase in costs.
http://www.opseu.org/research/cpitable3b.htm
That leaves 8% that isn't inflationary, amounting to roughly 1% a year. Most of that is in the shift in tax burden from commercial to residential properties, as explained before.
I think it's fair to say "Miller&Co" has done quite well.
You CANNOT have no tax increase. As I stated before, it is because of such idiotic policies during the conservative Mel Lastman years that depleted our reserves that we finally used the last of this year.
Why can't people understand that conservatism does nothing but cater to the ... sorry to say it... idiotic. This is an ideology that is increasingly dependent on one line vote grabs that exploit the ignorance of the masses.
Example 1: Mel Lastman's "zero tax increase" promises that did nothing but screw us over now - when sustainable inflation-rate based tax increases would have been much better
Example 2: Stephen Harper's "cut the GST by 2%" that sucked billions out of Federal coffers right before when we needed it most (i.e., now), not to mention all his "tax credits" for various things that reduce budgetary revenue and don't achieve their objectives (i.e., Transit Pass Credit)
I can go on and on. There used to be good parts of fiscal conservatism, but sadly, it's been perverted by the politicians that supposedly represent it.