I propose Eyies Sales Tax (EST).
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Nov 5th, 2009 08:30 AM #1
GST, PST.....now TST?
...*sigh*
Toronto needs to levy its own sales tax, city budget chief says
http://network.nationalpost.com/np/b...hief-says.aspx
Shelley Carroll, the city budget chief who is considering a bid for the mayoralty, suggested yesterday that Toronto should levy a municipal sales tax.
“We will soon be the only city of its size in North America that doesn’t have a sales tax,” Councillor Carroll (Don Valley East) told a breakfast discussion at the National Club. “We are missing an opportunity to build it into the HST.”
Is Ms. Carroll actually saying she wants to run for mayor on the program of bringing in a new tax? This seems a kamikaze act, a point I made yesterday as a panelist with Ms. Carroll during the discussion, “Toronto’s Budget: Priorities for 2010.” At the same time, it is hardly a revolutionary idea.
“There is one thing that stopped New York City from going broke in the early 1960s, and that was the sales tax,” Ms. Carroll said, adding that Chicago, too, uses proceeds from its sales tax to fund its transit system. “If it’s not a part of the discussion then you’re just fooling yourself.”
This idea goes even further than Mayor David Miller’s famous “One Cent Now” campaign, which he splashed all over bus shelters two years ago, asking Ottawa to fork over to cities 1¢ of the GST. Mr. Miller wanted the money, not the power to collect the tax on hamburgers and haircuts. His idea did not fly in Ottawa.
Ms. Carroll calls a city sales tax a prerequisite for Toronto’s success, and even suggested that Mr. Miller was willing to carry the ball for a local sales tax -- as part of the HST rollout next year -- before his abrupt decision to not seek a third term as mayor.
“Every global city has two things we don’t,” she said. “A stable formula for sharing operating costs of public transit with the federal government, and revenue sources that grow with the economy.”
Ms. Carroll has some fans with her tax plan. Glen Murray, the former mayor of Winnipeg who now heads the Canadian Urban Institute in Toronto, has long been a fan of city sales taxes. Mr. Murray, considering his own bid for the Toronto mayoralty, notes that major U.S. cities benefit when tourists visit, for example, by collecting sales taxes on the tourists’ purchases, whereas Canadian cities end up subsidizing tourists’ transit rides without realizing any benefits. He did not return calls yesterday.
The Toronto Board of Trade, whose director of policy Brian Zeiler-Kligman also joined the panel yesterday -- organized by Global Public Affairs -- dodged a question about a city sales tax, saying he’d wait and see whether any politician had the guts to actually ask for that tax authority. Toronto right now has power in the City of Toronto Act to levy a hotel tax and a liquor tax, but has not done so.
What is the right level of taxation? Toronto did last year impose a vehicle registration tax and a land transfer tax. Yesterday a city council committee discussed a new tax on billboards. We also pay separately for water and garbage.
“Holy mackerel,” said Councillor Doug Holyday (Etobicoke Centre), when told of Ms. Carroll’s tax idea. “Those other taxes that were supposed to save our ass are only paying half of the subsidy for the TTC.”
He noted that the city subsidy to the TTC operating budget has leapt from 14% to 29% over the past few years, and suggested Toronto should spend less rather than tax more.
Right now, the city budget is a messy document, with money coursing in from Ottawa and Ontario -- from the gas tax and elsewhere -- and flowing out the other end; a city sales tax, if it’s not a new tax grab, has the potential to clarify the role of each level of government. Toronto, however, always seems to spend every penny it gets -- and then look for more.
“We are now getting $600-million a year more from the federal and provincial government,” Mr. Zeiler-Kligman told the panel yesterday. “The problem is that the city budget has grown by $1-billion in that period.”
Read more: http://network.nationalpost.com/np/b...#ixzz0VzmhRwU5
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Nov 5th, 2009 08:49 AM #2
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Nov 5th, 2009 09:23 AM #3
Excuse me while i vomit
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Nov 5th, 2009 09:25 AM #4
Well, someone's not getting my vote.
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Nov 5th, 2009 09:26 AM #5
Why not just tax us 100% and get it over with.
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Nov 5th, 2009 09:28 AM #6
It only makes sense if they aren't using the money to inflate councilors and politicians salaries. *cough* e-health scandal...
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Nov 5th, 2009 09:31 AM #7
be ready, cause pretty soon they'll just take your paycheck and give you an allowances.
I am seriously thinking about what kinda tax they'll think of next?! In a year and a half, they have introduce the land transfer tax, the vehicle registration tax, garbage tax, and the plastic bag tax. And isn't our garbage tax and water rate and property tax all going up? Not to mentioned the TTC...all the while we were deprived of municipal services for months.
The only other organization that have the nerve to increase fees while giving sub-standard or crappy value is MLSE.
Keep going to the well, and one day it'll be dry...
mmm at least i guess the 905 retailers will be happy._______________
I wanna be-leafs

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Nov 5th, 2009 09:34 AM #8
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Nov 5th, 2009 09:36 AM #9
I hope property taxes go up by 10%. Some of you people in Toronto don't live in reality. The residents (you) have been shielded from it for too long.
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Nov 5th, 2009 09:41 AM #10
btw Shelley Carroll's an idoit; someone explain to me why she's the budget chief for one of the largest cities in North America
another decade...there won't be anyone living in Toronto.
Guess she didnt read the report on businesses leaving Toronto...wait until she gets the report on ppl leaving the City of Toronto.Last edited by thelefteyeguy; Nov 5th, 2009 at 09:45 AM.
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Avoiding Future CRAP
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Nov 5th, 2009 09:41 AM #11
Oh good TST. I wonder what new tax we will have tomorrow.
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Nov 5th, 2009 09:44 AM #12
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Nov 5th, 2009 09:53 AM #13
Do you know how much property taxes have gone up in the 905 area compared to Toronto over the past few years? Double, even triple the rate in Toronto. The bag tax, land transfer tax, etc hide the truth from residents. You won't get any honest debate so long as everyone thinks even 1% tax increase is a personal attack on them and their family.
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Nov 5th, 2009 09:57 AM #14
The moment I saw TST, I thought of Tsim Sha Tsui...
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Heatware : Homer88
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Nov 5th, 2009 10:15 AM #15
Last edited by Flyer; Nov 5th, 2009 at 10:51 AM.
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