Happy Anniversary: Toronto Car Tax Died One Year Ago

StarBuzz Weekly, Toronto-ONTARIO--(Marketwire - Dec. 15, 2011) - Tomorrow, car owners will celebrate the one year anniversary of Toronto City Hall ending its "War on Cars". On December 16, 2010, Toronto City Council voted to kill the Personal Vehicle Tax - better known as the Toronto Car Tax - that unfairly targeted car owners. Families will no longer have to pay $64 million in taxes each and every year for simply owning a car.

The Toronto Automobile Dealers Association congratulates Mayor Ford and those councillors who voted to repeal the Toronto Car Tax. This was an important victory for families in what has been Toronto City Hall's fascination with the "war on cars" under the previous administration. Mayor Rob Ford made eliminating the Toronto Car Tax a key component of his 2010 campaign platform that elected him as Toronto's 64^thMayor.

Quotes

"Mayor Rob Ford understands the family car is a necessity for families to run their lives. The Toronto Automobile Dealers Association applauds Mayor Ford for killing the Toronto Car Tax that unfairly targeted the family car."

- Frank Notte, Director of Government Relations

Toronto Automobile Dealers Association

"The City of Toronto's $774 million budget deficit is the direct result of reckless and out-of-control spending. Mayor Ford is doing the right thing by reducing expenses to reign in the budget deficit - instead of taking the easy way out by taxing families for owning a car."

- Frank Notte, Director of Government Relations

Toronto Automobile Dealers Association

Facts

• The Personal Vehicle Tax (PVT) was eliminated by City Council at its first full meeting on December 16, 2010
• Eliminating the PVT saves Toronto families $64 million every year
• The PVT was charged on personal vehicles registered in the City of Toronto at $60 per car and $30 per motorcycle or moped
• Since 1908, the Toronto Automobile Dealers Association has been the voice of Greater Toronto's 340 new car dealers, representing every manufacturer's brand and franchise.