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Originally Posted by Ifyoubuildit
Not following your logic. Doesn't the person who builds a new house pay taxes on said house? I am also pretty sure the city makes developers pay for most infra-structure. And the people building those homes have to have jobs to do so, and pay taxes on all goods and services they buy. Will the DTC pay commercial taxes annually? And where will the money come from for the DTC to pay its annual taxes? I am also unaware of any 100mil govt related projects in SJ or Fredericton in the last number of quarters, can you list any in this ballpark? I am also pretty sure people at the end of the day accept tax that goes to maintain our healthcare which is subpar at the best.
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For every new neighbourhood being built, that's more services the city has to offer, more sewers that have to be built, roads that have to be paved, bus services must travel farther, snowplows must work longer.. the list goes on. It's taxpayers money needed to to keep all that going, which actually ends up costing you more in the long run. Your taxes have the possibility of rising every time the city expands farther and farther out.
I am unaware of any at the moment either, nor did I mention other cities. This isn't SJ or Fredericton. Maybe they do and maybe they don't worry about taxes for healthcare. Yes tax payers are paying for this arena, but so will all the economic spinoffs and developments around the downtown core.
Everyone had the opportunity to come forward and speak out about this project, the majority spoke in polls etc., showing they approved of this project, if taxes were of concern, they should have been pushed before the building was halfway built.
My point is though that everything in that story on CBC counts, it doesn't matter if it's funded by the tax payers or not.