Home Recommended Explore Explore Videos Explore Livestreams Explore Images Explore Audio Explore Topics Explore Users Explore groups Topics Groups About Features & roadmap Airtime extension Membership & xp moderation Community guidelines Airtime a short history imprint Contact us changelog

@Mike Martins Channel

⛔TORONTO TAXED TO DEATH !!!🔥🔥

🔴Already burdened by the rising costs of rent, wages and inventory in Toronto, small and independent businesses are struggling to survive after years under a tax system they are calling unfair and perverse.

“It’s killing the heart of Toronto,” said Frédéric Geisweiller, owner of Le Sélect, a French bistro on Wellington Street West.


Geisweiller has seen his property taxes spike enormously. In 2006, the owner of the popular restaurant was paying $31,000 annually. That number has since jumped to $204,000.


“There’s no relief in sight, it keeps going up,” said Geisweiller.


If nothing changes, he predicts he will paying $310,000 in the next four years – which will be completely unsustainable, he says, even for a successful business like his that has been a staple in the community for decades.

🔴Already burdened by the rising costs of rent, wages and inventory in Toronto, small and independent businesses are struggling to survive after years under a tax system they are calling unfair and perverse.

“It’s killing the heart of Toronto,” said Frédéric Geisweiller, owner of Le Sélect, a French bistro on Wellington Street West.


Geisweiller has seen his property taxes spike enormously. In 2006, the owner of the popular restaurant was paying $31,000 annually. That number has since jumped to $204,000.


“There’s no relief in sight, it keeps going up,” said Geisweiller.


If nothing changes, he predicts he will paying $310,000 in the next four years – which will be completely unsustainable, he says, even for a successful business like his that has been a staple in the community for decades.

Views:1577
Likes:0
PostTime:1576439022923
Comment Count:0
Group Name:
Votes Count:3