Friday, November 30, 2012

HELP STOP THE MISSISSAUGA LAND TRANSFER TAX!



HELP STOP THE MISSISSAUGA LAND TRANSFER TAX! Mississauga City Council is considering a municipal land transfer tax on top of the Provincial Land Transfer Tax. 

If approved, this could cost the buyer of an average Mississauga detached home more than $10,000, payable upfront! 

A Mississauga Land Transfer Tax would be unfair to home buyers and would hurt Mississauga's economy. 

Click here:(http://www.nohomebuyingtax.com/take_action/mississauga.htm) for an easy way to send an email to Mississauga City Council to say NO TO A MISSISSAUGA LAND TRANSFER TAX!

•A Mississauga Land Transfer Tax is unfair because it targets people who need to move: downsizing seniors, growing families, etc.

•A Mississauga Land Transfer Tax will dampen Mississauga home sales. As reported by the CD Howe Institute in a research report, Toronto home sales are 16 percent lower than they should be as a result of the Toronto Land Transfer Tax. A similar effect in Mississauga would mean lost jobs for Mississauga’s economy because of reduced consumer spending on renovations, movers, furnishings, etc.


•A Mississauga Land Transfer Tax would reduce Mississauga’s Competitiveness. Mississauga has a competitive advantage without a Mississauga Land Transfer Tax. A recent poll conducted by Ipsos Reid found that 75 per cent of GTA residents are more likely to move outside of Toronto to avoid paying the Toronto Land Transfer Tax. A Mississauga Land Transfer Tax would mean that Mississauga would lose this advantage.

•Creates hardship for families.

Lisa Portolese, Sales Representative
Royal LePage Kingsbury Realty, Brokerage
30 Eglinton Avenue West, Suite 200
Mississauga, Ontario, Canada
Bus (905) 568-2121
Cel (416) 953-9714
Email LisaMovesYou@Rogers.com
Website www.lisamovesyou.ca














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