Prince George Has No Business Handing Out Free Taxes
By Ben Meisner
If handing out long term, free property taxes is so sexy, how come there have been few, if any, takers in this city?
Yes, the Chances Gaming Centre was built downtown and got a tax break on $10.5 million dollars of that construction, But besides the Gaming centre, in five years we have seen $3 million spent on seven projects that were largely renovations.
That in itself speaks to just how valuable the tax free holiday really is.
But wait, Sheri Green says she is troubled by the latest report which says "that even if the land were free they would not come". She argues that while the move to have a 20, 30 or even 40 year exemption plan may be expensive, the city cannot afford not to try to have such a tool as this available.
Well the good Councillor should be aware, or should be made aware, that there is only one taxpayer in the City of Prince George and that is you. If you grant exemptions to anyone, that expense comes right out of the pockets of the others.
The City should not be in the business of making money for private individuals or corporations unless it is equal to all of those taxpayers, which it is anything but in this case.
Councillor Green might want to walk down the street and talk to one of the many business owners moving out of the down town to get their feel on why they are leaving. If your property in a section of the city suddenly drops, as it has in recent years in a number of areas, does the City run out and support those residents by cutting their taxes or handing them a free tax holiday? Of course not. Similarly the down town should ride on its own merits, not on the backs of the taxpayers which it is doing with increasing frequency.
I’m Meisner and that’s one man’s opinion.
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Therefore it has to offer some incentives for business to have another look at the downtown.
If anybody has any ideas what the incentives could be rather than a break on taxes - let it be heard!
Tax reduction is something that the bean counters can crunch the numbers on, after all.
Hanging flower baskets obviously did very little.
Can the City start the ball rolling by re-paving some of the terribly deteriorated streets like 4th Avenue?
Give it a try, please.