Quote:
Originally Posted by sonick
Perhaps it's because many Richmond residents have money made/saved elsewhere and aren't earning an annual income locally within Canada.
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You can't deny there's a lot of cash and under the table dealings going on as well too, and that goes off income tax free... well in essence you and I and everybody else paying income tax are picking up the tab for those who are going under the table and freeloading off the social services; living in their $1M houses driving MB's and BMW's while collecting welfare cheques and free medical
The gov could lower/eliminate income tax and hike up property tax to make sure people are paying their dues, but then those who are working and renting are also getting off 'free'. One way or another, there will always be a group of people who can and will exploit the system, otherwise accountants and lawyers won't have jobs