The Premier would like to get rid of or minimize the property transfer tax but it currently just brings in too much money.
“We really want to start knocking down the property transfer tax because it is a drag on our economy. It is one thing that we can do to try and increase affordability,” Clark said.
“Why don’t we do it in this budget? Because this year we brought in $928 million in revenue. The only way to replace that would be to raise taxes elsewhere,” she said.
Is the buying and selling of homes where our economy needs a boost?
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