Thursday, April 06, 2006

Osprey Media. - Brantford Expositor

And the economic terror continues with yet more excuses and
faked corncern about equal treatment for property owners . They have the power to reduce taxes but do not want to set a dangerous precedent-doing more for less -like the normal people they supposedly serving. Yawn -get a grip - understand that politicians are again white washing and feather bedding their overly comfortable nests-in anticipation of getting re-elected this fall.

Osprey Media. - Brantford Expositor: "Apartment owners, tenants protest unfair city taxes

By Michael-Allan Marion, expositor staff
Local News - Thursday, April 06, 2006 @ 01:00

Responding to rising ire from apartment building owners and tenants over having to pay much higher property taxes than homeowners, city council is trimming another scheduled tax hike it was about to hand them.

The committee of whole listened this week to an hour�s worth of presentations from a succession of apartment owners with tenants in tow. They were calling for council to institute a longterm plan that will gradually reduce the difference between the higher multi-residential tax rate and the lower residential rate to parity.

After years of uneven increases, the multi-residential tax rate had by 2005 outpaced the residential rate by a ratio of 2.4 to 1.

Even before this week�s meeting, Mayor Mike Hancock and council members were already feeling the heat over higher business taxes from apartment owners and the Chamber of Commerce Brantford-Brant."

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