Tories eye tax cut for couples

[BitWhys]

Totally inequitable and does precious little for the average two-income family, who constitute the vast majority of families in Canada. There's better ways to do it. Flaherty is feeding the cream again on this one.

 

[Toro]

I recent every penny I pay over 25% of my earnings to taxes for all levels of government.

You either don't make much money or you pay more than that.

 

[Jay]

Looks like I made a typo there....I meant resent.

Yes I do pay more than that....

 

[Toro]

This is so typical of neo-conservative politicians.

Any policy that upsets anyone who calls Harper a "neo-con" must be a good policy.

 

[Toro]

http://www.canada.com/nationalpost/...e049e-bb77-4ba9-be34-619e2d87cb99&k=39817&p=1

More from that article

Fairness does not just mean sharing the tax burden equitably between rich and poor: what economists call “vertical equity.” There’s another kind of fairness, that also has to be taken into account. If it’s important to treat people in different circumstances differently -- ie the rich pay more tax than the poor -- it’s no less important to treat people in similar circumstances the same: what’s called “horizontal equity.” And, when it comes to couples, the tax law doesn’t.

http://andrewcoyne.com/2006/11/policy-thats-fair-and-it-wins-votes.php

 

[BitWhys]

330,000 single income families will share $2,000,000,000. ($5,900 each)

5,300,000 dual income families will share $1,600,000,000. ($298 each)

now shut up and make me a sandwich

 

[Colpy]

Wonderful!!!!!!

Anything that encourages people to have one partner stay home and take care of the kids, instead of turning them over to the state right after birth for cultural and political indoctrination suits me just fine.

 

[the caracal kid]

oh colpy.... indoctorination begins in the home!

 

[BitWhys]

Do you really think that the average mom forgoing $25,200 gross income for a $2,600 handout is a real incentive? A justified exercise in social engineering? At all a viable option?

 

[Colpy]

oh colpy.... indoctorination begins in the home!

How true!

But then it is ME indoctrinating them!



Scary, ain't it?

 

[Colpy]

Do you really think that the average mom forgoing $25,200 gross income for a $2,600 handout is a real incentive? A justified exercise in social engineering? At all a viable option?

Not really.

I wish it were doubled, or more, and based on income........but that's politics for you.

 

[BitWhys]

Not really.

I wish it were doubled, or more, and based on income........but that's politics for you.

so much for your "encouragement" then. that $5,900 is for single earner families in the top 30 percentile with incomes of $83,800 or more. country club money for stay-at-homes that can already afford to do so.

 

[Jay]

But 25K subtract daycare, a second vehicle, insurance, gas....lunch at Burger King.

 

[BitWhys]

But 25K subtract daycare, a second vehicle, insurance, gas....lunch at Burger King.

always good be reminded there are people who consider working moms to be a burden.

btw, for the average family, after splitting the income, going single-income would represent a 33% loss in take home pay. that's a lot of whoppers.

 

[Kreskin]

I didn't see any mention of income splitting during today's conference other than pension splitting announced earlier. Did I miss the news?

 

[Jay]

always good be reminded there are people who consider working moms to be a burden.

I'll let my wife know all about it.

btw, for the average family, after splitting the income, going single-income would represent a 33% loss in take home pay. that's a lot of whoppers.

Your a lot of whoppers! :wink:

 

[BitWhys]

I didn't see any mention of income splitting during today's conference other than pension splitting announced earlier. Did I miss the news?

nope. that'll be a spring surplus thing.

 

[cdn_bc_ca]

Why is this one group more deserving of a tax cut than anyone else?

All I know is that when I was single I had all the money on the world... and after I got married, I had none left. :-(