Prob­lems with taxes in, money out

Calgary Herald - - OPINION -

Re: City’s tax co­nun­drum de­fies an easy so­lu­tion; Opin­ion, Oct. 23

The City of Cal­gary now has an an­nual rev­enue short­fall of roughly $50 mil­lion. The main cause of the short­fall is a $5.4-bil­lion drop in the value of build­ings down­town. So coun­cil is now look­ing to non-down­town busi­nesses and home­own­ers to pick up the slack.

Empty build­ings are a re­sult of fewer busi­nesses. Fewer busi­nesses mean fewer jobs. Fewer jobs mean less peo­ple mov­ing to the city. Higher taxes make Cal­gary a less at­trac­tive place to live.

Why is it that only one coun­cil­lor sees that the mayor and his tax-and-spend men­tal­ity is part of the prob­lem?

Jamie Fisher, Cal­gary


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