Thanks again Mr. Harper...........................
- Thread starter DaSleeper
- Start date
The merits of a progressive tax system are a whole discussion to themselves.
The simple fact is that an income splitting plan does benefit people with higher incomes more.
They definitely cannot overlook tax cuts when crafting the budget. They have to account for the lost revenue and they have to cut that lost revenue from the budget somewhere.
Depends on the difference in income. I would do well with income splitting. So would my son.
So you think the rich should have to pay more taxes than the poor? Ever hear of equality?
You spoke out against it....................
Do you ore do you not put a check mark in the volunteer firefighter box.......and try not to bullshyte......
Perhaps the argument hinges on the definition of benefitting. Some may argue that getting your own money back is not a benefit & they may be right as getting your own money back might be regarded as "neutral". -
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Was Harper's campaign promise that income splitting would only benefit some Canadians or all Canadians?
We all have to remember that the federal Canadian government promised that they won't touch the income trusts when they were running for office and when they got elected that was the first promise they broke.
Perhaps the argument hinges on the definition of benefitting. Some may argue that getting your own money back is not a benefit & they may be right as getting your own money back might be regarded as "neutral". -
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I think it is hard to argue that more money in your pocket is not a benefit.
Maybe in the sense of reporting on the effects, but the costs are very well understood and accounted for.
People always bitch about tax deductions when someone else is benefiting, but when it benefits them.......Perhaps the argument hinges on the definition of benefitting. Some may argue that getting your own money back is not a benefit & they may be right as getting your own money back might be regarded as "neutral". -
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I'm Entitled To My Entitlements - David Dingwall - YouTube
Take a look at this scenario- you are walking down the road when all of a sudden I jump out of the bush and rob you and the next day I have feelings of guilt and return the money. Is that a benefit?
Yes, I wrote letters to the two area MPs opposing the tax credit. I made a motion at a fire association meeting requesting the fire association do the same. I believe it would be better if the Feds targeted funds towards smaller municipal fire departments that don't have adequate training and equipment funds.
As for my tax credit. I do check the box and give the refunded amount along with all my honorariums to the fire association.
No, they aren't. At 100 billion, I doubt you can find a politician anywhere that understands or could account for more than a handful
Do you think I care? But since you mention it, yes. Considering a know a few people here personally I expect at least those people to believe me. I know it's difficult for selfish people to understand the concept of giving
Well, the finance guys certainly need to understand it because they need to approve the final budget prepared by the staff.
Face it, it is simple accounting. They can't have a tax credit on the books without accounting for the cost of it in the budget. It is not free money.
In the rural areas the firefighters tax credit is quite popular. Most of us don't have much money for pay and few volunteers make much over 500/Year. Helps make up for lost work and out of pocket expenses. I think this is the group it is actually targeted towards.
Out of curiosity what does your association do with it's money?