Across North America, seniors are fighting to defer or reduce their property taxes. Their anger is understandable, since property taxes in Canada are rising almost three times faster than inflation during a cost-of-living crisis, but their victories could mean higher taxes or reduced services for the rest of us.
If homeowning seniors pay less property tax, who will pick up the bill?
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The Globe and Mail - BusinessBy Mike Moffatt
EXECUTIVE SUMMARY
Having a paid-off house doesn’t eliminate the need for residents to have roads repaved or garbage picked up
Key Takeaways
- If homeowning seniors pay less property tax, who will pick up the bill?.
- Having a paid-off house doesn’t eliminate the need for residents to have roads repaved or garbage picked up Across North America, seniors are fighting to defer or reduce their property taxes.
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Published originally on The Globe and Mail - Business
