Everyone thinking inflation will magically disappear and interest rates will be cut right back down to zero needs to think again.
Just one piss poor council in the UK here, is already raising taxes by 10% this year to fund non existent shitty services and overpaid CEOs.
Ten fucking percent in one year.
Birmingham given go-ahead to raise council tax by up to 10%https://uk.yahoo.com/news/birmingham-given-ahead-raise-council-190309956.html The Mayor of TO was threatening to increase property taxes by 16.5% if they couldn't get increased funding from the federal gov't (aka also our tax dollars) and it was big news. Then it was 10.5% and I believe she ended up putting forth a 9.5% proposal which will be put to a vote on Valentines' Day - how sweet - and I guess we're supposed to feel relieved because it wasn't "double digits" but we're just being manipulated. Last year it was a 5.5% increase. Maybe it's time to eat crow and call Roger for some of those sweet passports-for-investment deals he's hocking.
Especially when we have idiots like this with a soapbox on
gov't funded media claiming to be a fiscal conservative.
https://www.tvo.org/article/im-a-lifelong-fiscal-conservative-and-i-support-raising-torontos-property-taxes TL;DR - I'm actually a socialist with communist leanings writing propaganda for the state-run media (while
probably living in state-assisted housing) and you should mortgage the increased value on your property in order to pay your damn taxes, you leech!
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Again, this is probably too much personal info but this is the first year that my property taxes alone (and I just have one property) account for more than one month of my after-provincially-and-federally-taxed income while my gross income is ~8% higher than last year. This is because income taxes have increased and the value of our property (assessed every 4 years but stalled for the last 3 years allegedly due to covid) has increased. So not only am I paying a property and income tax increase year after year but an accelerated property tax increase on an increasing "assessed" home value. I think the idea is to force us all into multi-family dwellings/apartments by taxation and allowing a ludicrous number of immigrants into the country with no place to put them. It makes my head hurt thinking about it. I'm sure I'm preaching to the choir for the most part.
Anyone have Roger's contact info handy?
It will be interesting to see what happens here in the UK.
Apparently Labour have the next election in the bag.
Yet that can only mean even less control over illegal immigration, even higher taxes, even more dumb throwing money at 15 minute cities the environment, even more socialism, even less incentive to get your ass off the sofa to do something.
Perhaps a massive right turn in politics in the future?
No idea but both parties suck and both suck too much off the WEF ballsack in my opinion.