Two new taxes vital for Toronto property's

Intense behind-the-scenes pressure is being applied to city councillors in the run-up to a vote expected tomorrow on imposing two new taxes on Torontonians. Money from these taxes is crucial to the city's future, but the measures face staunch opposition. A proposed land transfer tax would take $300 million from people buying homes or other property in the city. And a new motor vehicle levy would drain $56 million from owners of automobiles and motorcycles. That has generated charges of a "tax grab" at city hall. If only it were so simple.