How Long to Read Can GTA Municipalities Raise Property Taxes?

By Almos Tassonyi

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Description

To answer the first question, we estimated changes in the size of the tax base in response to an increase in the average effective tax rate for Toronto, the regional municipalities of the GTA, and their principal area municipalities from 1977 to 2005. [...] The City's share of the growth of this important component of the tax base in the GTA region was also decreasing- largely, the report argued, because of the higher average tax applied to such properties in the City. [...] In a subsequent study of the implications of the reform of business property taxes in Ontario, Smart (2012, 22-23) suggests that the low degree of mobility and the economically small impact of municipal property tax on business location is consistent with "the capitalization of local tax differentials." Muthitacharoen and Zodrow (2012) provide a recent analysis of the excise and capitalization eff [...] The first linked the suburbanization of business location and employment to a relative measure of tax burden: the tax ratio of the relevant commercial or industrial percentage tax rate in relation to the percentage residential rate. [...] The factors measure the ratio between the assessed value of all of the taxable assessment in a class of property in a municipality and the estimated current market value of the properties in that class.

How long is Can GTA Municipalities Raise Property Taxes??

Can GTA Municipalities Raise Property Taxes? by Almos Tassonyi is 0 pages long, and a total of 0 words.

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The average oral reading speed is 183 words per minute. This means it takes to read Can GTA Municipalities Raise Property Taxes? aloud.

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Can GTA Municipalities Raise Property Taxes? is suitable for students ages 2 and up.

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