Summary
The Winnipeg Realtors Association wants the province to reduce its land transfer taxes to make it easier for people to purchase homes, particularly at a time when everyone is worried about the economy. It's a legitimate point of view, but a stronger argument is that the transfer tax should be a user fee that reflects the true cost to government. It should not be a for-profit venture by the government that gouges unsuspecting homebuyers who have no alternative but to pay the ransom. If the province wants to make a profit out of its monopoly position, then it should be more open about the tax and its intent when the budget is tabled on March 25.
See the full content of this document
Extract
Editorial: Shameless Tax Grab
Shameless
tax grabThe Province of Manitoba loves to boast about the taxes it has reduced in the past nine years, but it's a tad shy when it comes...See the full content of this document
Sponsored links
