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6.9% tax spike ‘will mean change in Torontonians’ lives’: Olivia Chow - Toronto | Globalnews.ca (globalnews.ca)

submitted 3 weeks ago by avidamoeba@lemmy.ca to c/toronto@lemmy.ca

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“This proposed budget will mean change in Torontonians’ lives today. Change means libraries open seven days a week, transit fares frozen while TTC service increases and thousands more kids fed meals at schools and summer camps,” Chow told reporters at city hall.

“Pools open sooner and longer; renovictions prevented by taking housing off the market and more support for tenants; traffic agents to keep Toronto moving and emergency responders arriving sooner when you need them most.”

☝️Now that's how a politician should talk about taxes.

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[–] pimento64@sopuli.xyz 3 points 3 weeks ago (5 children)

But they're doing that by increasing taxes on wealth, capital gains, windfalls, luxury real estate, and income in the top 10%, right? They're totally not increasing taxes by even so much as one penny on working class citizens when there's so much obscene wealth controlled by a few.

Right?

[–] n2burns@lemmy.ca 13 points 3 weeks ago (4 children)

But they’re doing that by increasing taxes on wealth, capital gains, windfalls, luxury real estate, and income in the top 10%, right? They’re totally not increasing taxes by even so much as one penny on working class citizens when there’s so much obscene wealth controlled by a few.

Municipalities in Ontario don't have the ability to tax those things.

[–] Anykey@lemmy.ca 0 points 3 weeks ago (1 children)

I think a municipal sales tax is technically possible.

[–] n2burns@lemmy.ca 0 points 3 weeks ago (1 children)

Not as it stands. Sure, the Ontario government could allow municipalities to introduce sales tax, and it has come up a bunch lately. However, municipalities are creatures of the province, and as such, new provincial legislation would be needed to allow municipal sales tax.

[–] avidamoeba@lemmy.ca 1 points 2 weeks ago

Offtopic but can you imagine Doug allowing TO to intro congestion pricing on the QEW?

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