Tag Archives: property taxes
Should 888 Richmond Way pay higher property taxes than 13 Deadman Road?
In Canada, property taxes are typically based on "market value assessment". The assessment is arrived at by gathering information, for as many properties as possible, on: observable characteristics such as lot size, age and size of the home, number of bathrooms, proximity to parks and the city centre and selling prices estimating a relationship between […]
The concrete impacts of taxes
Between 1695 and 1851, the English government levied a tax on windows. The window tax was relatively easy to administer. A person's tax liability could be calculated by counting their windows. It had progressive elements. People with higher incomes had larger houses, and more windows, thus paid more in taxes. Houses with fewer than 10 (later […]
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