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Speculation tax will quadruple cabin costs

Dear Editor: I must comment on the wording of the “Yes” question on this week’s web poll, which stated, “Yes, if you can afford an extra home, you can afford to pay more tax.
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Dear Editor:

I must comment on the wording of the “Yes” question on this week’s web poll, which stated, “Yes, if you can afford an extra home, you can afford to pay more tax.” This is biased wording that will tend to encourage “Yes” votes from people who don’t own an “extra home.”

We are a retired couple. Our summer cabin, hardly an “extra home,” was built by my father-in-law 50 years ago which hardly makes us speculators. We already pay the same property taxes on it as our neighbours who live there full time. Why should we have to pay more just because we don’t live there full time? The proposed vacancy tax would quadruple our taxes and would do nothing to help alleviate the vacant housing problem in Vancouver.

Instead of invoking a blanket tax on large regional districts it would make more sense to do it on a city-by-city basis as needed.

Bill Fame
North Vancouver

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