On Monday, TTCriders wrote a follow-up a letter to Metrolinx responding to their shortlist of revenue tools to fund transit expansion in the Greater Toronto and Hamilton Area.
In our letter, we identified that corporate and high-income tax revenue, while absent from Metrolinx's shortlist, are critical sources for funding transit expansion and operations. Corporate and high-income taxes are progressive, equitable and historically important tools which should be included in the mix of revenue tools.