Most middle class workers will have secondary medical as a benefit of employment.
Trudeau wants a cut of your health and dental - with a new tax
- Thread starter Locutus
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Sure they will. :lol:
Less than 28% of Canadians' healthcare is paid for through the private sector.
Less than 28% of Canadians' healthcare is paid for through the private sector.
You don't get sick in the first place.
Think of it as somebody can manufacture tap water that eliminates 90% of bacteria caused illnesses and the rest is defeated almost as easily thanks to the phage method of combating evolving illnesses.
I'm going to speculate that workplace caused 'ailments' make up more than 28% of healthcare costs. Since it is medical and time is 'somewhat precious' a person or animal should just be fixed when they need it and the Admin part is down to a minimum. Utilities today are the same, take away the admin fees and the bill is cut by more than 1/2 in some cases. That money is still spent but it is in the local community rather that going to foreign shareholders.
Saw it on Wikipedia.
And the middle class is at least half of Canada, most of which do not have secondary benefits.
The story is just part of the larger scam to benefit the rich, just like uknowwho from Murica.
I question that statistic. I know I have had some sort of medical and/or dental benefit for every job I have ever worked at and I am certainly nothing more than middle class. It seems more the norm than not.
That is true but most of my co-workers (also middle class and also having same benefits) are not. Puzzling at the relevance of that comment.
Ottawa hears opposition to taxing health perks
The Liberal government isn’t ruling out imposing budget measures to tax employer health benefits but opposition to the plan may be giving finance official second thoughts about the proposal
The Liberal government isn’t ruling out imposing budget measures to tax employer-provided health benefits but opposition to the plan may be giving finance officials second thoughts.
The finance department has been weighing the possibility of making employer-provided health and dental plans a taxable benefit, a move that could add more than $1,000 to the income tax bills of the 13.5 million Canadians who have such plans.
Interim Conservative Leader Rona Ambrose pressed Prime Minister Justin Trudeau on the issue Tuesday, demanding to know whether his government was serious about the tax proposal.
“People rely on these for prescriptions and much-needed health programs. . . . Is he seriously going to put a tax on the health and dental plans of millions of Canadians?” Ambrose said in question period.
Trudeau sidestepped the question, saying only that the upcoming budget would help “Canadian families.
“We’re looking at ways within that budget to help Canadians, to invest in their future, to lower the cost of everyday goods and pharmaceuticals they need,” Trudeau said.
In a typical benefit plan, an employer contributes up to $3,500 a year — an amount that is currently not taxed, said Stephen Frank, senior vice-president of policy for the Canadian Life and Health Insurance Association
“If it becomes taxable, then the employee has to pay tax on that amount,” Frank said, adding that it could add about a year to an individual’s tax bill.
https://www.thestar.com/news/canada/2017/01/31/ottawa-hears-opposition-to-taxing-health-perks.html
The Liberal government isn’t ruling out imposing budget measures to tax employer health benefits but opposition to the plan may be giving finance official second thoughts about the proposal
The Liberal government isn’t ruling out imposing budget measures to tax employer-provided health benefits but opposition to the plan may be giving finance officials second thoughts.
The finance department has been weighing the possibility of making employer-provided health and dental plans a taxable benefit, a move that could add more than $1,000 to the income tax bills of the 13.5 million Canadians who have such plans.
Interim Conservative Leader Rona Ambrose pressed Prime Minister Justin Trudeau on the issue Tuesday, demanding to know whether his government was serious about the tax proposal.
“People rely on these for prescriptions and much-needed health programs. . . . Is he seriously going to put a tax on the health and dental plans of millions of Canadians?” Ambrose said in question period.
Trudeau sidestepped the question, saying only that the upcoming budget would help “Canadian families.
“We’re looking at ways within that budget to help Canadians, to invest in their future, to lower the cost of everyday goods and pharmaceuticals they need,” Trudeau said.
In a typical benefit plan, an employer contributes up to $3,500 a year — an amount that is currently not taxed, said Stephen Frank, senior vice-president of policy for the Canadian Life and Health Insurance Association
“If it becomes taxable, then the employee has to pay tax on that amount,” Frank said, adding that it could add about a year to an individual’s tax bill.
https://www.thestar.com/news/canada/2017/01/31/ottawa-hears-opposition-to-taxing-health-perks.html
So, if I read "Ottawa hears opposition...." then it's the employer who will be taxed. OMG - thousands of people will then lose their benefits because not only is the employee taxed the employer is going to be taxed for providing the benefit - a double whammy! Doesn't even make any sense; oh, I suppose it does if you're "anti-business". So much for "helping" the middle class! Also hurts those who are just below the threshold of being "middle class" as some of them also have "benefits".
My boss must be brilliant - while he provides the opportunity for benefits, the employees pay the whole bill so if this does come into being it won't affect him at all. HUH - who knew. Always thought he was cheap - now I see he's just "progressive" LOL
JMHO
My boss must be brilliant - while he provides the opportunity for benefits, the employees pay the whole bill so if this does come into being it won't affect him at all. HUH - who knew. Always thought he was cheap - now I see he's just "progressive" LOL
JMHO
