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LETTER: Affordable housing tax break another example of 'whackonomics'

'Existing taxpayers will pay this cost,' writes a representative from the Property Taxpayers Alliance
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CambridgeToday received the following letter from John B. Waylett of the Property Taxpayers Alliance.

I am writing on behalf of the Property Taxpayers Alliance www.propertytaxpayer.ca regarding Cambridge's recent decision to ok a 20-year tax break for affordable housing

Existing taxpayers will pay this cost. This is just another example of Cambridge municipal government "whackonomics".

The City and Regional governments are major contributors to homelessness with their skyrocketing property taxation. They drive people out of their homes and apartments with taxes rising 2 to 3 times faster than incomes each year.

Yet neither the City nor the Region measure or report on this impact. Why not?

When all is said and done, they will fail with their homelessness policy, and never have to admit their mistake.

The more they take to address homelessness, the more homelessness and suffering there will be.

The public sector can't spend its way out of a problem like this. They're pushing on the end of a piece of rope.

They must use efficiency and productivity - two words not in their lexicon - leaving the money in the hands of those who earned it.

Sadly, these are concepts our corpulent municipal staff, council, and mayor can't, or refuse to, comprehend.

The City has an absolute monopoly and its hands are constantly in the property taxpayers pockets looking for more.

Profligacy will be their legacy. Very sad.

Property Taxpayers Alliance
John B. Waylett

Cambridge