The Editor,
In approving a 4.98% tax increase, Port Moody council predicted average taxes in 2016 would go up by $148 on average based on a home assessed at $643,000.
Now, everyone is getting their tax bills and the sticker shock is nauseating.
My property taxes went up 13% ($415) and a neighbour’s went up a whopping 21% ($645), and it appears there is no end in sight to municipal waste and skyrocketing property taxes.
Governments love to talk about sustainability but, in reality, they could not be further from the truth. Only the very rich will be able to afford a house at these rates and not one politician seems to care or have the desire to put a stop to spiralling taxes and out-of-control population growth.
Rick Evon, Port Moody
