Thursday, April 16, 2009

If real estate values are down why are assessments and taxes up?

Real estate prices in Nova Scotia are down nationally 8% from last year according to a study done by The Canadian Real Estate Association and Nova Scotia is down around 1% yet our assessments for taxes are up. Would one of the members of City Council or the Cabinet Minister responsible for this act like to explain this?

I can explain it. Regardless of fiscal realities governments take more money annually. On our houses if the provincial people dropped the assessment to truly mirror home values in Nova Scotia HRM council would have boosted the tax rates.

How do we get the message across that enough is enough. Spend the money were mandated and needed.
NO high speed ferries from Bedford to Halifax
NO big tax dollar paid for costly sporting events
NO subsidizing multi millionaire rock bands.

Perhaps its time the tax payer looked at a tax strike even if it's illegal. If enough with hold their taxes the city and the province couldn't do a thing but finally listen between elections.

If you would like to ask the Mayor how this can be or you elected representative on city council E Mail addresses are listed on the right.

No comments:

Post a Comment