“All they think about is money.’ Mac-Blo tax decision blow to municipalities PORT ALBERNI — 1972 saw MacMillan Bloedel appeal their assessments in the city of Port Alberni on two counts: one, on the grounds their property tax assessment, (they claimed,) on industrial property was assessed at 50 percent, while residential assessments were at 36 percent of value. The fact that company land where the pulp mill site is assessed at 10 cents a square foot while a barber shop uptown bears an as- sessment of $2.00 a square foot is evidently overlooked. This part of the assessment appeal has not been decided at the time of writing but if the com- pany is successful it would cost the taxpayers in the city about 9 mills increase in their taxes to make up the difference, school - and general fate taxes combined. The company also appealed the business tax assessment which is based on estimated *“yéntal value.”* The grounds for the company’s appeal are that , taxation. should be deducted \ ABOUT (OT BANNING “UNEMPLONHENT! gover! p .