John Tory, Mayor of Toronto, is quoted in response to those that think that raising taxes higher is the only way to go:
“The notion that we should just resign ourselves now to the fact that the only way out of this is through big tax increases this year, next year and the year after that and the year after that, I don’t accept it,” Tory said. “I think that’s an admission of failure and I think it is an admission of defeat.”
Well said John. Well said.