Real Estate Curve

As a lot of people from Ontario know most likely on July 1,2010 Ontario will get slapped with the one 13% tax which will go on virtually everything, even food under $4. The only products which will receive a cut are women products and child products (diapers, car seats, etc).

This tax won’t affect homes under the $400,000 mark but the homes between $400,000 - $500,000 mark will get taxed but will receive some kickback from the government. So what will happen to the homes valued more the $500,000 they will pay full tax, which isn’t fair at all. Why should someone be taxed more if their home is valued more, because they earn more? or they had more money when buying a bigger house at the first place? this isn’t fair. Complain to your government, lets prevent this!!!