Conservatives try to defend TFSA tax breaks for the rich

Published February 24, 2015

Finance Minister Joe Oliver must have felt like he was seeing double on Tuesday. New reports from both the Broadbent Institute and the Parliamentary Budget Officer criticized the Conservatives plan to expand the Tax-Free Savings Accounts program — both for lost revenues and for disproportionately benefitting the wealthiest Canadians. The Broadbent Institute report, written by Jonathan Rhys Kesselman, one […]

Watch Stephen Lewis rip apart the “absurd” Conservative family tax plan

Published November 15, 2014

Stephen Lewis is fired up. In a keynote address to the Child Care 2020 conference in Winnipeg, the former Canadian ambassador to the UN ripped apart the Conservatives’ claim that their new income splitting tax scheme and expanded Universal Child Care benefit will offer meaningful help to families struggling with their child care needs. That’s […]

Joe Oliver’s fiscal update makes sense when you add dance music and facts

Published November 13, 2014

Get your unemployed and underemployed Gen Y kids out of the basement! It’s time for Joe Oliver’s fall fiscal update. Except, what? Your Millennial kids roll their eyes every time the Finance Minister describes an economy that bears no resemblance to their reality? Worry not! Here’s Oliver’s fall fiscal update, remixed with dance music and […]

Wealthy husbands will cash in big time from Stephen Harper’s income splitting scheme

Published November 3, 2014

Are you a wealthy man? Does your wife earn significantly less than you do — or nothing at all? Do you worry how you’re going to make ends meet on only $200,000 per year? Worry no longer, man. The Conservatives have heard you. Help is on the way. It’s called income splitting (or “the family […]

7 facts Stephen Harper doesn’t want you to know about his family tax plan

Published October 31, 2014

The Conservatives have a $26.755 billion plan to help families! Except, it doesn’t create any new child care spaces. And 9 out of 10 households will see zero gain from the signature piece of tax policy: income splitting. And if you do have kids, well, you have to be a certain *kind* of family to […]

Even right-wingers aren’t thrilled with Stephen Harper’s income splitting plan

Published September 16, 2014

Stephen Harper’s proposed family income splitting plan isn’t even popular with right-wingers, according to a new survey of 5,000 supporters of the Canadian Taxpayers Federation. The right-wing organization surveyed supporters in the lead-up to the Parliamentary session that kicked this week, and found the majority said paying down debt should be the top priority (52%) […]

Tag: Income Splitting