OUR GOC IS AT IT AGAIN! If you have children under 17, pls read
+3
Teentitan
bigrex
Kramer
7 posters
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Re: OUR GOC IS AT IT AGAIN! If you have children under 17, pls read
and let the vote buying begin . wholy ol cake wobbalin frack . ya know Im startin to miss the days when they would drive you to the polls and back and give ya a point of rum for your vote .
ya there was a lot more crookedness involved but party or campaign money bought the gass and rum not taxpayer dollars .
what can I say I like the NDP plan because they are not buying them with straight out cash and spinning how much it really is .
frack
propat
ya there was a lot more crookedness involved but party or campaign money bought the gass and rum not taxpayer dollars .
what can I say I like the NDP plan because they are not buying them with straight out cash and spinning how much it really is .
frack
propat
Guest- Guest
OUR GOC IS AT IT AGAIN! If you have children under 17, pls read
Smoke and mirrors.......don't count one's chickens before they are hatched.
There is more than meets the eye when it comes to the latest of the Cons and their Child Tax Benefit
New child benefits may not be worth as much as advertised, experts say
http://www.ctvnews.ca/politics/new-child-benefits-may-not-be-worth-as-much-as-advertised-experts-say-1.2481038
The federal government has begun mailing its new monthly Universal Child Care Benefit cheques to parents, but some experts say the benefit isn’t worth as much as advertised.
The UCCB has been promoted in television ads as providing nearly $2,000 annually for each child under age six, and $720 yearly for children aged six to 17.
However, some parents may not realize that the UCCB is not only taxable, but also coincides with the elimination of the Child Tax Credit.
RELATED STORIES
Justin Trudeau says child care benefit should not go to rich families like his
Universal Child Care Benefit: What you need to know about these new payment Child care benefit
The federal government has begun mailing its new monthly Universal Child Care Benefit cheques to parents, but some may not realize that the UCCB is not only taxable, but also coincides with the elimination of the Child Tax Credit.
A typical family with two children under the age of six will get $320 per month, but high-and middle-income earners will lose roughly a third of that through taxes. Another $30 per child will be clawed back through the elimination of the child tax credit.
“On the one hand they’re giving more money, on the other hand they’re taking it away,” said tax expert Fred O’Riordan of Ernst & Young LLP.
Liberal finance critic John McCallum said the Conservative government’s decision to roll out the cheques now and then tax them later was “purely political.”
“It’s purely intended to make people think they’re getting more than they really are,” McCallum said.
“A lot of Canadians won’t think about tax,” he added. “They hear a bigger dollar amount so they think more money.”
McCallum said the Liberals’ proposed child benefit would be tax free. It would provide up to $6,400 annually for every child under six and up to $5,400 annually for children aged six to 17. The benefit would vary depending on the family’s income, and 90 per cent of families would get it. A typical family of four earning $90,000 a year would receive a tax-free monthly cheque of $490 under the Liberal plan.
Instead of sending out cheques, the NDP has proposed creating one million daycare spaces that cost parents no more than $15 per day.
There is more than meets the eye when it comes to the latest of the Cons and their Child Tax Benefit
New child benefits may not be worth as much as advertised, experts say
http://www.ctvnews.ca/politics/new-child-benefits-may-not-be-worth-as-much-as-advertised-experts-say-1.2481038
The federal government has begun mailing its new monthly Universal Child Care Benefit cheques to parents, but some experts say the benefit isn’t worth as much as advertised.
The UCCB has been promoted in television ads as providing nearly $2,000 annually for each child under age six, and $720 yearly for children aged six to 17.
However, some parents may not realize that the UCCB is not only taxable, but also coincides with the elimination of the Child Tax Credit.
RELATED STORIES
Justin Trudeau says child care benefit should not go to rich families like his
Universal Child Care Benefit: What you need to know about these new payment Child care benefit
The federal government has begun mailing its new monthly Universal Child Care Benefit cheques to parents, but some may not realize that the UCCB is not only taxable, but also coincides with the elimination of the Child Tax Credit.
A typical family with two children under the age of six will get $320 per month, but high-and middle-income earners will lose roughly a third of that through taxes. Another $30 per child will be clawed back through the elimination of the child tax credit.
“On the one hand they’re giving more money, on the other hand they’re taking it away,” said tax expert Fred O’Riordan of Ernst & Young LLP.
Liberal finance critic John McCallum said the Conservative government’s decision to roll out the cheques now and then tax them later was “purely political.”
“It’s purely intended to make people think they’re getting more than they really are,” McCallum said.
“A lot of Canadians won’t think about tax,” he added. “They hear a bigger dollar amount so they think more money.”
McCallum said the Liberals’ proposed child benefit would be tax free. It would provide up to $6,400 annually for every child under six and up to $5,400 annually for children aged six to 17. The benefit would vary depending on the family’s income, and 90 per cent of families would get it. A typical family of four earning $90,000 a year would receive a tax-free monthly cheque of $490 under the Liberal plan.
Instead of sending out cheques, the NDP has proposed creating one million daycare spaces that cost parents no more than $15 per day.
Kramer- CSAT Member
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Location : Where I live
Registration date : 2015-03-19
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