Tuesday 14 December 2010

Municipal Taxes only ever go up

Given that Edmonton City Council just approved a 3.8% budget approval, city tax will continue to rise.  I have never seen them fall - ever - and with market-value assessment, home assessment values are biased to reflect the most recent sales activity during booms and remain are stubbornly high.  Calgary also set increase to 5%.

The National Post weighs in here.
  

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