AIMS President & CEO Charles Cirtwill talks municipal tax reform on Global Maritimes.
The Atlantic Institute for Market Studies, Canadian Centre for Policy Alternatives – Nova Scotia and the Nova Scotia Chambers of Commerce believe it is time for the Province of Nova Scotia to take a serious look at eliminating property taxes. They are calling on the province to undertake a study into the potential for a shift from municipal property taxes to municipal income taxes as the principal source of municipal revenue.
The three organizations have each released reports that reach similar conclusions: the property tax system is flawed, inefficient, unfair and not conducive to economic growth and competitiveness.
Watch the interview on Global News Maritimes here (begins at 7:20 mark)