Of course I know all the lefties on here would rather pay MORE taxes if possible.
Nobody
wants to pay more taxes...we
have to pay more taxes. Many people just don't want services cut. In fact, many think they need to be improved. And the only way you can do that, is to raise revenue. And the best way to do that, is to have progressive revenue generation. That's why there is a new City of Toronto Act. And that's why Miller created it, and used it. It's one of the more brilliant moves by any Toronto mayor.
The VRF & LTT were the smartest use of this, as you can't raise revenue where there isn't any. You start charging car drivers, cause they are the ones that are have been subsidized for far too long, and the party is
OVER And when you are in a city that is bitching about choking on congestion and trying to promote less driving and more transit use, then you don't achieve that by cutting transit service and raising fares, while at the same time cutting fees to drivers....that's just plain
STUPID (kinda like your mayor).
The LTT is the smart place to raise revenue (and lots of it), as that's where all the money is. Remember...we don't have capital gains taxes here, and people are making a killing in real estate. That's where the money is, so that's where you go after it.
So you can go ahead and cancel revenue sources like the VRF & LTT, but that what...$400 million in revenue will just have to be made up somewhere else. And we have looked pretty stupid up until now by being one of the only cities on the globe to still have as it's main source of revenue as just straight up "property tax".
It's quite hilarious to here people bitch about taxes. Toronto has always enjoyed high services on low taxes. Other cities have way more taxes (including VRF, LTT, hotel taxes, sales taxes and even municipal income taxes) and have far less services than Toronto does.
What Toronto needs are citizens that have a clue, so we don't end up making giant fools of ourselves by voting in mondo-beyondo brainless idiots like Ford & Co.