this post was submitted on 20 Jun 2025
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You want to tax a city owned parking lot? Who would the city be paying that tax to?
Very few of the pots in my city are city owned. They're all private. They refuse to build anything else since using it as a parking lot has very low taxes so the profits are good, plus the land value goes up so just waiting makes them millions.
Tax them like crazy or all you get is downtown Houston in the 1980s.
Yeah, but in this case we're talking about Green P lots which are owned by the City of Toronto, not privately owned lots.