By Jason Menard
Technically speaking, we’re not morons. So why, in trying to repackage tax increases in cute euphemisms and technicalities, are our politicians treating us as such?
This morning, the City of London’s finance and administration committee voted on what they called a “tax shift,” which would have transferred some of the tax-paying burden from industries (to the tune of a 23.5% decrease) to the residential tax payers (an increase of 1.3 per cent). (The committee voted against the increase).
Because the numbers would basically wash, technically it’s wasn’t a hike, true. But for tax paying citizens already struggling under the weight of sizeable property tax bills (not to mention various charges collected by City-run utilities such as London Hydro), it’s insulting. Continue reading →