And 9 out of 10 households will see zero gain from the signature piece of tax policy: income splitting. And if you do have kids, well, you have to be a certain *kind* of family to qualify for the tax scheme. In fact, the majority of families that are the target of the income splitting – parents with children under 18 – dont quality for the benefit. But hey, on the plus side, families will get a cheque from Stephen Harper on the eve of the next election (talk about a coincidence!) to help provide choice in child care. Just dont expect any child care spaces under this expanded Universal Child Care Benefit ($160 a month per child under 6 and $60 a month per child ages 6 to 17).
Posted on: Sat, 01 Nov 2014 15:45:16 +0000
Trending Topics
Recently Viewed Topics
© 2015