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House sale tax opposed. d5 L: `1 v$ s2 i
Real estate board pans possible 1% municipal surtax to support infrastructure projects
* T- t/ G1 J; |0 u( t9 [: }& h2 qRon Chalmers, The Edmonton Journal: H& U3 f/ o+ j+ J5 k- R6 ]; W5 k
Published: Thursday, April 19, 2007
/ O5 q4 ^9 V1 E+ T) K) nEDMONTON - A proposed property-transfer tax would reduce affordability by boosting the cost of an average Edmonton house by $4,000, says the Edmonton Real Estate Board.
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# E4 L. l/ @. l. u# D' `# f"This is a home-buying tax," EREB president Carolyn Pratt said Wednesday in a news release.
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"It is patently unfair to ask home buyers to pay for municipal services which would benefit the entire city." |
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