Wednesday, January 16, 2013

Why Civic Action Group’s Varnished Favoritism for Personal Taxes and NOT Corporate and Union Transit Taxes?

James, Burton and the special interest group Civic Action all are proponents and mouth pieces for new revenue taxing sources directly and only on the individual taxpayer for:

Highway tolls, Sales tax, Property tax, Payroll tax, Fuel tax, Vehicle tax, Parking levy, Land transfer tax and Development charges as opposed to a 1% or 2 % transit tax levied on banks, unions, corporations doing business within Ontario and Canada!

As such they represent the interest of big business, banks corporations and unions NOT the residents and citizen taxpayers of Toronto, Ontario or Canada. Any new revenues for transit funding must come from a 1% or 2 % transit tax on banks, unions and all corporations doing business in Ontario and NOT a sales tax or other taxes directed against and on individual taxpayers.

It is TIME for banks, unions and all corporations to contribute their share for transit costs and NOT just citizen taxpayers.

Metrolinx and the city of Toronto transit funding proposals call for a citizen tax of some sort and DO NOT suggest or allow for a corporate transit tax on banks, unions, corporations and not profit organizations?

Revenue source
Nominal rate
GTHA annual revenue
Personal income tax increase
$1.4 billion
Sales tax
$1.3 billion
Property tax
$90 million
Payroll tax
$500 million
Highway tolls
10 cents/KM
$1.5 billion
Fuel tax
10 cents
$500 million
Vehicle tax
$300 million
Parking levy
$365  space
$1.08 billion
Land transfer tax
$600 million
Development fees
$5,000 unit
$200 million
Banks, Unions, Corps.  
Transit tax                   1%/2%         $6 to $12 billion      

The special interest group transit Alliance also does not allow or provide for any direct corporation transit tax because this lobbying group is primarily supported by corporations, banks and unions. Their position is for a direct citizen by means of a new 1% sales tax.

The question that has to be asked and answered by these career politicians, special interest groups, technocrats and bureaucrats is, where are the alternative proposals that call for a new direct transit tax on banks, corporations, non profits and unions instead of the usual all party platforms for more citizen taxes and NOT corporate transit tax?

Not one of the ten funding proposal by these career politicians, technocrats,  bureaucrats or special interest groups and lobbyists calls for a transit tax on corporations, banks and unions doing business within Canada.

For the media, special interest groups, metrolinx and technocrats’ to suggest that Toronto’s property taxpayers and citizens on their own should fund public transit is totally unrealistic.

It is a self serving political agenda by political parties of all stripes along with their puppet career politicians and businesses who themselves cannot get their hands out of the public trough.

Asking Torontonians to suck-up yet another little new sales tax increase of 1%, that over the years would quickly become 5% or more, would not come close to the annual BILLIONS of dollars needed to fund any new subways, let alone LRT’s or the current infrastructure requirements for existing operations and never-ending fare and salary increases of the TTC, is scandalous.

My proposed 1% Transit Tax on Banks, Unions, and Corporations operating in Canada could generate $ 6 Billion annually for existing public transit in Canadian cities, including Toronto.

The 1% direct Sales Tax on citizen proposed by the transit alliance special interest group, supported and financed by businesses, could only yield $1.3 Billion according to media reports, metrolinx and the city of Toronto.

Transit Tax of 1% on Banks, Unions and Corporations would Generate 100% more funding for public transit than a 1% Sales Tax. 


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Thanks for your thoughts, comments and opinions, will be in touch. Peter Clarke