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Toronto Property Taxes To Skyrocket Under Woke Mayer Olivia Chow · Radio Baloney - The Richie Baloney Show!

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  So the city of Toronto voted in a far left mayor, and well,
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  they got what they voted for. Here's an article from Brian Lilly at the
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  Toronto Sun. Here's the headline, chow sixteen point five percent property tax hike
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  plan makes residents hostages. Three different tax hikes amount to the biggest proposed tax
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  hike in city history. So it says Toronto taxpayers are sitting in a hostage
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  situation right now as Mayor Olivia Chow puts a gun to our heads telling the
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  Feds to pay up or she'll shoot the proposal for a ten point five percent
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  tax hike And that's sixteen point five percent unless the Trudeau government hands over more
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  cash. Landed with a boom on Wednesday morning, says anyone paying attention to
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  politics in Toronto knew that electing Olivia Chow as mayor would lead to a tax
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  increase. Chow never denied it. She wouldn't even dispute claims that her tax
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  sike would be twenty percent or more. All she would say is that she
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  would bring in moderate tax increases. And I wonder if there are some people
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  in Toronto right now who really wish they'd gone out and voted oh well too
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  late. Asked during a Wednesday afternoon news conference, if this proposal was a
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  moderate tax increase, Chow claimed this was a staff budget and not hers.
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  Essentially, she refused to answer, and, after several more questions, would
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  not say whether residents could afford such a hike or if she endorsed it.
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  Well, she is the mayor, right, so kind of her problem.
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  It says here that when compounded with last year's hike of seven percent, it
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  represents a significant boost to residential property tax bills. Says, for every one
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  hundred dollars of property taxes that you paid in twenty twenty two, you paid
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  one hundred and seven in twenty twenty three. Under Chow's plan, you will
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  pay one hundred and twenty four dollars and sixty five cents if the sixteen point
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  five hike goes through. So what will that actually mean for homeowners in Toronto?
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  Well, the average house price is over a million dollars, And keep
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  in mind, these aren't all people who paid a million dollars for their house.
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  A lot of these people bought the houses long ago when they were worth
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  a lot less, and just because their house is worth a lot more,
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  doesn't mean their income is higher, especially retirees obviously. So how much is
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  the average property tax in Toronto? So all through Toronto from east to west,
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  homeowners pay between sixty eight hundred and seventy nine hundred dollars on their property
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  taxes on average. So according to my math, that comes out to an
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  extra sixteen hundred to nineteen hundred dollars. That's the increase over two years.
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  And again, like I said, just because somebody's house is worth a million
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  dollars today, it doesn't mean it was worth that when they bought it,
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  and it doesn't mean that their income has gone up with the price of their
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  house. And you know, I just have to wonder, considering this that
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  Canada is in right now, is this really the best time? I mean,
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  it doesn't really matter if you vote in far leftists, they're going to
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  far left and if people don't show up on mass and vote against them,
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  No, they're going to win elections and then they're going to behave as if
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  they have a popular mandate. And what was the turnout for the election,
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  Well, it was a thirty eight point five percent of eligible voters and of
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  that thirty eight percent only thirty seven percent actually voted for Olivia Chow, So
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  thirty seven percent of the thirty eight percent of people who voted decided who would
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  be mayor. And when normal people don't show up to vote, the crazy
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  still do. And that's how you end up with a lunatic fringe running your
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  city. And you know, it's not like there weren't warnings here. Three
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  years of Olivia Chow will push voters to the right. Here Olivia Chow a
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  aggressive politician who will oversee Toronto's downfall. But ooh, this is from a
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  nominally conservative newspaper. You know, it's so mean the way that they don't
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  advocate for you being taxed into poverty. Anyway, That's all I gotta say
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  about that. Please subscribe, like and share, share It really helps me
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  out. I thank you for that. I will see you next time.