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Letter: Taxes out of control in Richmond

Dear Editor, We have just received our 2017 Richmond property tax notice and the $5,260.77 amount payable (after the senior’s grant) is an increase of 39 per cent more than last year’s $3,784.77 amount.
Taxes
One flat tax rate is applied to all residential properties and taxes are based on property values. If your property rises in value above the average rate, you will pay a greater portion of taxes. Conversely, you will pay a less proportional amount of taxes if the change in your land value is below the average rate of change.

Dear Editor,

We have just received our 2017 Richmond property tax notice and the $5,260.77 amount payable (after the senior’s grant) is an increase of 39 per cent more than last year’s $3,784.77 amount. 

We have lived in the same Richmond home for 31 years and have been senior citizens on fixed income for the past four years.  

This increase is unconscionable and simply just not fair. 

Also, the deferring of the property taxes, is just increasing our personal debt and simply underwriting deferred revenue to the government that they will account as a guaranteed future asset by a lien on our property. 

This type of government debt management and spending is out of control and not sustainable.

Adjustments have to made otherwise there could be a tax revolt.

A 39 per cent increase is just not reasonable, and we are not the only ones affected by this city tax grab. 

Geoff White

Richmond