Comments on: Bring on the muni bonds http://www.wellingtonfund.com/blog/2009/12/31/bring-on-the-muni-bonds/ News, Views & Purviews Fri, 03 Feb 2012 02:44:40 +0000 http://wordpress.org/?v= hourly 1 By: Maxx-Phillippe http://www.wellingtonfund.com/blog/2009/12/31/bring-on-the-muni-bonds/comment-page-1/#comment-2070 Maxx-Phillippe Wed, 06 Jan 2010 11:52:03 +0000 http://www.wellingtonfund.com/blog/?p=3116#comment-2070 A fine idea, who time has come. Bring on the munis. A fine idea, who time has come. Bring on the munis.

]]> By: Brad J. http://www.wellingtonfund.com/blog/2009/12/31/bring-on-the-muni-bonds/comment-page-1/#comment-2061 Brad J. Sat, 02 Jan 2010 19:05:24 +0000 http://www.wellingtonfund.com/blog/?p=3116#comment-2061 Not sure the general public would be knowledgeable enough on these instruments for a referendum to be effective. Is there a reason that you advocate bond issues as opposed to a municipal sales tax (as with NYC)? A tax would provide an income stream rather than a lump of money, which would better address the deficit. The longer I love in Toronto, the more I agree with taxation. On a slightly different bent, Toronto's property taxes are really low compared to other municipalities (our house is worth c.$500K, and our property taxes are under $2.5K/yr). Not sure the general public would be knowledgeable enough on these instruments for a referendum to be effective.

Is there a reason that you advocate bond issues as opposed to a municipal sales tax (as with NYC)? A tax would provide an income stream rather than a lump of money, which would better address the deficit.

The longer I love in Toronto, the more I agree with taxation. On a slightly different bent, Toronto’s property taxes are really low compared to other municipalities (our house is worth c.$500K, and our property taxes are under $2.5K/yr).

]]> By: doctor stock http://www.wellingtonfund.com/blog/2009/12/31/bring-on-the-muni-bonds/comment-page-1/#comment-2056 doctor stock Fri, 01 Jan 2010 23:28:47 +0000 http://www.wellingtonfund.com/blog/?p=3116#comment-2056 Exactly... put it to a vote... it is our debt. Exactly… put it to a vote… it is our debt.

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