Common Planning Fallacies #2
Another installment of Tony Cooke's common planning fallacies series:
Fallacy #2: "We need to grow to increase the tax base and keep property taxes down."Also see #1 and #3.
Tony's comment: "Growth doesn’t bring lower taxes, because huge infrastructure development is needed to support that growth. Surrey, Langley and Kelowna (for example) experienced enormous growth over the last 25 years yet their taxes are higher than ours. If growth means financial efficiency then why are our largest cities currently asking for massive financial support from the federal government?"
posted by Jeremy |
Permanent Link
1 Comments:
I'm no economist, but I think this is absolutely true. There seems to be the impression out there that all economic activity has a positive effect for local governments, but I suspect not. Thanks for the post, Tony.
By
Jeremy, at 1:20 p.m.
Post a Comment
<< Home