Dichotomy
Banned
Thanks...I think. I've bookmarked it for a long read. Never heard of them. But like I said before, I am a sponge........
Toronto's financial straight jacket has more to do with non-corrected provincial downloading than the fact that we remain an amalgamated city.
The question of how municipal costs are spread out across the different classes of taxation in Toronto is a different issue from the fact that a good portion of the said costs are the direct result of provincial policy changes, and that it increases the overall municipal costs.
AoD
Of course, but the 'political' resistance to change, IE. funding city building, comes from the residential class. That is where the votes and power comes from. It is Toronto residents whom, while paying considerably less than average, complain about high taxes. They are not concerned about taxes in other classes, they are concerned with their own taxes. City councillors, being politically expedient, have facilitated the hiding of the true cost of running Toronto. By the original shifting of taxes to other classes, raiding of reserves, provincial blackmailing etc., Torontonians are unaware that their residential property taxes pay for only 26% of city expenses. The ignorance is aided and abetted by politicians, whom are always willing to sell the idea of getting something for nothing.
BTW would you care to estimate the the percentage of the city budget that is a result of downloading?
Meanwhile, the amount of municipal property taxes used to subsidize these programs stood at more than $3.3-billion in 2005, according to the Association of Municipalities of Ontario. The AMO describes the subsidy as a "fiscal gap" - the difference between the costs that municipalities pay to fund health and social programs, and the province's contributions to these programs.
In 2007, that subsidy or "gap" amounted to $94-million for Hamilton taxpayers; in Toronto, it totalled $729-million.