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Gregory C. Mason

Research and teaching in public-policy

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Time for an adult conversation about taxes

September 21, 2022 by Greg Mason

Winnipeg Free Press, September 2, 2022

Earlier this year while cleaning out some old files I found my property tax assessment from 1993. I  had just received my 2022 assessment, and my economist’s “spidy” sense tingled. This mental itch kicks in when we economists compare costs and prices over time – we automatically adjust for inflation.

My 2022 property tax bill seemed too low. Once I licked the tip of my pencil and performed complex calculations, I was right! My property tax has risen by 46% over this thirty-year period while general inflation has increased by 67%. Time to do some investigation.

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