9/14/2006

Scott Brison: The "Generous"

Scott Brison's "plan" for young Canadians includes a tax cut. He is promising to make the first $25,000 earned in 12 years tax free.
Read that again.
$25,000 in 12 years.
So, basically, the average young Canadian will get out of their first year of taxes.
I laughed out loud when I read the "twelve years" qualification. Why even say it? It doesn't take Joe Average Canadian 12 years to earn $25,000. It takes one... sometimes it takes even less than one.

5 comments:

Anonymous said...

Perhaps he means the first 25k spread out over 12 years. Another words for the first 12 years of their work they can claim and extra $2083.33 tax free instead of just the $8900 (or there abouts) current tax threshold. Basically like being a student again and it's not going to leave a 25k chunk in people's accounts.

The Husband

Ruth said...

His website just says $25,000 in earnings. it leaves out the "12 years" altogether.

Temujin said...

I know plenty of older folks who earn 17 to 20 thousand dollars a year working at Fast Food, Tim Hortons, etc.

I guess they aren't worthy of any tax breaks at all!

Joan Tintor said...

He borrowed this idea from PC-CA merger-enthusiast Tony Clement.

http://joantintor.blogspot.com/2006/05/still-no-ideas-from-belinda-while.html

Ruth said...

Yeah, except that Clement's idea was for 10 times as much. Over twelve years, that makes a lot more sense.

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