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The 3.4 per cent tax hike Londoners will pay next year is a “real conundrum,” Gerry Macartney, head of the London Chamber of Commerce, said.
It’s one of the highest increasesin a decade, second only to the 4.4 per cent tax hike this year.
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“Now is not the time to be cutting services and programs in the age of COVID, I get that,” Macartney said. “On the other hand, from a business perspective, now is not the time for big tax increases. This is a real conundrum.”