Quote:
Originally Posted by Cimarron29414
...because pussy countries like  keep asking us to fight their wars for them? 
I keed, I keed. Calm down. |
There's only one country that I'm worried about invading Canada.
The United States of America.
You've done it something like 7 times, the Big one being the War of 1812 (too bad you lost).
Will America protect Canada from Americans?
---------- Post added at 09:52 PM ---------- Previous post was at 09:24 PM ----------
Quote:
Originally Posted by Baraka_Guru
This begs the question: if the citizens of Colorado Springs were up in arms about the tripling of property taxes, what pittances are they paying the city currently? Could you imagine Toronto putting such a thing to a vote? Would you pay $15,000 a year in property taxes?
Yeah, no. That's my point. What the fuck are they paying in property taxes in Colorado Springs?
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No, I wouldn't pay 15 grand a year in property taxes.
But "tripling the property tax" can mean allot of things.
For example, what was the average property tax bill prior to this vote?
Was it $500.00 or $5,000.00?
Big difference should one's property tax go from $500.00 to $1,500.00 vs. $5,000 to $15,000.
If Toronto tripled its property taxes, it's tax revenue would go from 9 biillion to 27 billion. (Assuming that all revenue at the City is derived from Property Taxes.)
Ok,
So I did some googling to see what Property taxes are like in Colorado Springs. Looks to be very low.
Here's what I found....
Colorado Springs Property Tax Measure appeared on the November 3, 2009 ballot in El Paso County for voters in Colorado Springs.
The measure proposed raising property tax every year for the next five years. The increase would start at $126 annually and end at $210, according to the average home price of $262,000 in Colorado Springs. According to city officials, the tax measure, if approved, is estimated to generate $27.6 million in additional revenue in 2010 and $46 million in additional revenue in 2014.[1]
Link:
Colorado Springs Property Tax Measure, 2009 - Ballotpedia
So it starts at $126.00 and presumably increases in a linear fashion over 5 years.
Year 1 = $126.00
Year 2 =$145
Year 3 = $165
Year 4 = $185
Year 5 = $210.00
If a grand means that one's property tax TRIPLES, their current property tax is about $500.00 per house.
That's a joke.
The good residents of Colorado Springs would have a massive coronary if they had to pay my property taxes. The City of Toronto just passed a property tax increase of 4% which translates to $200.00 for me in this year alone. (And I don't get to vote on it.)
One thing is for sure, it will be interesting to see what happens in Colorado Springs.