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submitted 1 year ago by Grappling7155@lemmy.ca to c/toronto@lemmy.ca

By Oliver Moose • The Globe and Mail

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[-] zhenbo_endle@lemmy.ca 8 points 1 year ago

I don't think a municipal sales tax would help much. For shopping, people could visit adjacent cities with little effort, reducing the revenue for shopping malls inside Toronto. On-site business, like restaurants or cafes will take the burden.

I feel that our property tax rate is a bit low. For example, New York City has roundly 1% (https://smartasset.com/taxes/new-york-property-tax-calculator)

this post was submitted on 04 Sep 2023
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