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Build more, to will sell to........ the highest bidder! And the highest bidder is not middle class people. And when you raise taxes that are directly levied a
by hoodoof 11y ago
Build more, to will sell to........ the highest bidder!
And the highest bidder is not middle class people.
And when you raise taxes that are directly levied against overseas buyers, then the government becomes addicted to those taxes and therefore addicted to overseas buyers.
- kspaans 11y agoPossibly you could circumvent that addiction by making the tax an LVT. Make the effect on locals neutral by reducing property taxes and/or PST by about the same amount as the revenues from LVT. Thus the only payers with an increased tax bill are non-resident owners.
- mywittyname 11y agoIssue refunds other owners in the amount of the extra revenue taken in by this tax.
- deleted 11y ago[deleted]