Uxbridge has passed an indignant resolution demanding the Province pay 100% of the plan to restore purity to the waters of Lake Simcoe. They point out no development is planned in the villages and hamlets of the Region.
York Region doesn't get excited about trivial stuff like that.
In Aurora, we just tack on a supplement to water bills of metered properties to pay the ransom.
We figure people won't notice piddling little sums. Certainly they will never guess they're being shafted by their own elected body.
Developers pay for pond construction. It means new home buyers pay in the price of their homes. It's part of the overhead. Properties are then assessed at market value, price paid, and taxes are paid on taxes forever and a day.
I heard a cost figure to build a residence is forty-per cent of the market price.
Sixty-per-cent is cost imposed by taxes of one level of government or another.
A figure this week indicates current house prices are ten-per-cent over-valued. It happens in a heated market. Couples bite off more than they can chew, then when the market cools down, they discover the house is worth less than the mortgage. The down-payment is swallowed up. They have no equity.
And who cares? Buyers never know how they've being shafted. They don't even want to.Who can blame them?
People think those dastardly wealthy developers make so much money they deserve to pay.
But they don't.
I watched a feature on Bernie Madoff, billionaire jailbird, this week.
The amazing thing about the story was how eager organisations and individuals were to shovel money into his hands.
How much was already known by the public finance control agency, ten years before he was apprehended.
His status in high society was such, he was untouchable. He was a generous contributor to charities in accordance with his status.
He was paying more interest to clients than they could get anywhere else. Clients were not allowed to ask certain questions. Bernie was King. He was making them money. So... doubts were set aside.
On the day he was arrested, Bernie looked pleased.
Like......look at me! I fooled you all ! I will be forever famous and the lifestyle I enjoyed was worth every minute
A modern-day buccaneer.
That was before the eldest of his two sons took his own life.
Bernie will probably write a book.
Like Conrad Black.
Bernie may not be an exalted guest on our T.V.talk shows. He is not Canadian.
Ah..but wait a minute ! Conrad isn't Canadian either. He gave it up to become a Noble Lord wearing silk stockings and satin knickers with rosettes and ribbons at the knees , red robes trimmed with ermine and a constant supercilious smile.
Strutting about the stage like a character in the Nutcracker Suite
I watch that every Christmas and marvel.
Ah..but wait a minute ! Conrad isn't Canadian either. He gave it up to become a Noble Lord wearing silk stockings and satin knickers with rosettes and ribbons at the knees , red robes trimmed with ermine and a constant supercilious smile.
ReplyDeleteEvelyn are you sure you’re not confusing the above description with our former lord and chief magistrate, doer of all things good , crusader for all and sundry , and sparer of no expense to the tax payer.
O.K ENOUGH! CEASE FIRE ! XMAS BREAK FOR ALL!
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