Letter: Income doesn’t keep up with taxes

There is a question that has been with me for several years. Perhaps it is a time for an answer – if there is an answer. If no one from city council steps forward to answer, perhaps some wise taxpayer will.

In 2017 there were 130 new single-family homes built in Salmon Arm. In 2018, there were 120 new single-family homes built. Besides that, there were multi-family units built. Based on what I have seen of these new homes, and based on our city taxes, each of the home’s tax is at least $2,500. For both 2017 and 2018, that works out to about $300,000.

These homes do not add much to city costs, as near as I can see. The developer covers all the infrastructure costs. So there is some additional street cleaning. But what other costs are there?

Why then do the additional taxes not cover the added costs? Why must taxes go up every year?

Related: City staff find reduction to tax increase

Related: Letter: Calculating property taxes on residential properties

It is good to see that the tax increase was reduced from four per cent down to 3.3 per cent. But it is doubtful that many workers saw a three per cent pay increase in either 2017 or 2018. An increasing number of residents are retirees. From 2017 to 2018 my CPP increased by 1.5 per cent; my OAS increased by two per cent; my teacher’s pension increased by .08 per cent.

Add to the increases to local taxes, the increases of both provincial and federal taxes that always come, and you can perceive that these eventually beggar the taxpayer. How long can this situation go on before the system collapses?

Alfred Schalm


Like us on Facebook and follow us on Twitter

Just Posted

Salmon Arm Downtown Activity Centre owner wants to keep building alive

Support from community in form of tenants wanted for heritage building

Shuswap’s Rust Valley Restorers team rolling onto Netflix

Mike and Connor Hall, Avery Shoaf see television show picked up by streaming service

Canada geese in the Shuswap: Beautiful milfoil eaters or poopy pests?

Numbers of geese increasing in the Shuswap to the joy of some people and dismay of others

Salmon Arm’s Sebastien Archambault joins Humboldt Broncos

Defenceman played last two seasons with Junior B Sicamous Eagles

Sister Speak comes home to Okanagan on world tour

Shosws in Kelowna, Vernon and Revelstoke

Vernon man facing drug trafficking charges in Kelowna

The man was found with suspected cocaine, heroin and fentanyl and thousands of dollars in cash

North Okanagan home scorched by flames

Neighbouring homes threatened by blaze, which is producing heavy black smoke

South Okanagan wildfire monitored closely for hot spots

The Eagle Bluff wildfire, north of Oliver, is classified as held

Drugs, cash and 11 people apprehended at North Okanagan house

RCMP executed warrant at 35th Street home for second time in a month

UBC Okanagan, Lake Country joint community pool not a reality

Lake Country residents want a community pool, survey shows

Hell’s Angel prospect back in custody after being charged with assault

The 30-year-old man now faces several additional charges

B.C. family stranded in Croatia desperate to come home

Funds being raised to bring back mom and two children

New South Okanagan winery will open its doors soon

Phantom Creek Estates announced its new CEO and winemaker, and completed first phase of construction

Most Read