Mayor Chow has set a 2.2% increase in residential property tax, which is basically rock bottom. This has fueled speculation that she will run again in the mayoral election this fall. Really, there are no downsides to this:
A) she runs again, opponents unable to attack her for high taxes (yes, previous years' increases were higher, but the taxpayer won't be able to remember it)
B) someone else wins the election (either because she loses or doesn't run at all): they are financially screwed and have to raise taxes more anyway, and if she runs again in the future she can attack them for either i) high taxes, ii) the social costs of austerity, or iii) both
#TOcouncil #TOpoli #TObudget