The life I have few complaints about. It could be MUCH worse. Benefits and stereotypes are a different package....Sometimes. Couple friends of ours aren't too unhappy with their lives.
For pension Income splitting for seniors....................
Good refund again this year
Yup the RRSP T4's are always the last to come in yesterday CPP, OAS and company pension slips were in weeks ago....but anyways you can't e-file before Feb. 15th anyways...... I think?all the T4A's and such are slowly trickling in. We shall see. Last year, I owed, but then they gave it back in June. Go figure. Maybe they'll want it back again. It's not just old age that makes for sleepless nights.
Sex has nothing to do with it either......................well.................
Income splitting is a great social program for the politicians, because the assistance given to seniors doesn't come out of antibodies budget. The only issue I have with tax credits is that they are very hard to track and therefore justify.
Well, like any tax break, it lowers the amount of revenue that the government takes in, so it does have to come out of somebody's budget.
Even couples aren't convinced about income splitting.
Farm vehicle and CO-OP cardlock. What a Godsend. And CO-OP pays a dividend of around 7 cents a litre.I use income splitting on my pension income. What a Godsend.
I use income splitting on my pension income. What a Godsend.
Income splitting aids wealthiest families most, says study
"This is guaranteed to provide the wealthiest families with the biggest benefit and the poorest families with the least benefit, "said Macdonald in a phone interview. "One in 10 of the top 10 per cent of families are going to get a $5,000 cheque."
Income splitting aids wealthiest families most, says study
People balk at income splitting for pension income, when only one of the couple is receiving work pension income, but say nothing about dependant children deductions, travel expense deductions, higher education deductions, etc. etc.I'm not sure what couples those would be, the wife and I have benefitted by about $2000 a year for several years and we are just in a very modest income bracket, so we sure as hell ain't complaining!