A letter in the CH this morning from a frequent commenter here. He gets it. How many others do?
It is a common misconception that the municipal tax take should increase if property values rise.
Property assessments are supposed to be a tool for determining how the tax burden is to be distributed among property owners — not for determining the total tax take. Sadly, some sneaky municipalities have taken advantage of taxpayer inattention and rising property values to inflate their budgets in years gone by. The gargantuan pile of cash that they collect is inevitably wasted on squeaky wheels, gross inefficiencies and general foolishness.
Your average municipal politician/bureaucrat is delighted to take a cut from any net growth in the value of properties in your community. We shouldn’t let them get away with it.
Brian Sanderson, Wolfville