The city's tax policy is changing in favour of residential property owners. The new rate for the average city ratepayer is going down from 3 and a half per cent to and even 3 per cent much to the delight of Councillor Andrew Foulds who says residential taxpayers deserve a break. Under the new policy, the rate for business owners will go up just by point one per cent.
Tuesday, May 28, 2013
Residential Tax Rate Going Down
The city's tax policy is changing in favour of residential property owners. The new rate for the average city ratepayer is going down from 3 and a half per cent to and even 3 per cent much to the delight of Councillor Andrew Foulds who says residential taxpayers deserve a break. Under the new policy, the rate for business owners will go up just by point one per cent.
