Comment 63524

By BobInnes (registered) - website | Posted May 14, 2011 at 17:05:10

Supertech - do you have a link to that article? I'd like to learn more about the whole subsidy thing - how transparent/ ad hoc/ long lived/ balanced it is. It used to be called bonusing and was against the rules because of potential abuse but I guess in the race to the tax bottom, society's safeguards are constantly being taken away. So although it's nice to see Hamilton taking advantage of any break, I'd rather see a general lowering of commercial taxes from the present 6% approx, in all areas, not just downtown. But the more tax breaks are given, the harder it will be to make a general reduction, especially given the large number of gov't properties in the area. Thoughts?

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