City of Alleys
* diary of an urban planner *
October 26, 2006
October 11, 2006
'Dilbert's' 9-point financial plan worthy of economics Nobel - MarketWatch
'Dilbert's' 9-point financial plan worthy of economics Nobel - MarketWatch: "#
1. Make a will
2. Pay off your credit cards
3. Get term life insurance if you have a family to support
4. Fund your 401k to the maximum
5. Fund your IRA to the maximum
6. Buy a house if you want to live in a house and can afford it
7. Put six months worth of expenses in a money-market account
8. Take whatever money is left over and invest 70% in a stock index fund and 30% in a bond fund through any discount broker and never touch it until retirement
9. If any of this confuses you, or you have something special going on (retirement, college planning, tax issues), hire a fee-based financial planner, not one who charges a percentage of your portfolio"
October 02, 2006
The Property Tax is Dead: Long Live the Property Tax
FCPP Publications :: A Tax’s Time To Die::
"Canada lags behind Europe in casting out property taxes, not because property taxes in Canada are any less offensive but because of an accident of history. Our cities are creatures of the provinces, which long ago allowed municipalities the property tax and little else by way of funding. Although many provinces are urbanized, our electoral system gives rural ridings a disproportionate amount of power, which they use to maintain subsidies to rural lands. But change is coming to Canada's provinces, too, as urban population continues to swell and as the injustice of property taxation hits home. Some provinces have loosened their grips and others will be forced to, when opposition political parties recognize the electoral gains to be had."
