Paul Moloney writing for the Star:
Toronto’s new billboard tax has been virtually gutted after a court ruled the tax cannot be applied to thousands of existing signs out there.
The Ontario Superior Court of Justice ruling, released Thursday, limits the city to new signs but applications to put up new signs may plummet because they will be taxed while existing signs remain tax free.
Watch this story closely. Whether the city appeals the decision will reveal whether the new administration is serious about working for the people or if they’re just ideological anti-taxers looking out for the interests of big business.
Seriously, what’s the argument against a billboard tax? Either the city gets revenues or we end up with fewer billboards. It’s win/win.
Tags: billboard tax