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By jason (registered) | Posted August 31, 2008 at 23:03:06
I wasn't referring about the taxes that parts of the city pay, I'm referring to the artificially low price to buy a new home because existing taxpayers are subsidizing each development. If existing taxpayers didn't have to pay so much to fund sprawl (local experts estimate that the old city of Hamilton funded 75% of the cost for the Meadowlands in Ancaster) they would be funding the upkeep and renewal of their own neighbourhoods.
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