Crystal ball correct on tax increase
You may recall that I sent you an email regarding the increased assessment values made by the BC Assessment Authority and the impact that increase would have on people who are on fixed incomes. This increase, when every newspaper is declaring significant drops in all real estate markets across Canada.
At that time your response was to wait and see as to what the municipalities and regional districts would do with their mil rate(s) and their expenditures.
Now we see that “my crystal ball” was correct again.
Not only did the assessments rise, that by itself would increase taxes, but now we also have between five and nine per cent tax increase on top of the new assessments.
Possibly now you might take another “unbiased” look at how these type to tax increases affect low and fixed income families and how budgets are manipulated.
And yet these same politicians, who are raising these taxes, use your paper to claim that they have some concerns for affordable housing.
What a JOKE!