Stephen Harper is bizarro Robin Hood
Stacey commented here that she had noticed that more income taxes were being taken off people's paycheque since July 1st. I guess Steve had to find a way of paying for the GST cut. He must of thought long and hard, looked down the list of the conservative priorities and found that number 2 on that list, screw over the poor, (number 1 being help the rich) was the perfect solution.
Here is their brilliant solution:
·The lowest income tax rate was raised from 15 percent to 15.5 percent;
·The basic personal amount that all Canadians earn tax-free decreased from $9,039 to $8,639;
·The amount taxpayers can claim for their spouse or common-law partner decreased from $7,675 to $7,335; and
·The amount taxpayers can claim for eligible dependants decreased from $7,675 to $7,335.
For the record I am currently on track to save 26.97$ in one year from the GST cut. Imagine all the things I can buy with that; a week worth of groceries, a case of beer, a trip to Lone Star for Tom and I minus drinks, 11 STO bus tickets, or 14 OC transpo bus tickets .... oh the choices are endless.
posted by Bridget @ 10:43 PM
5 Comments:
I think this picture says it all:
http://photos1.blogger.com/blogger/987/3183/1600/Weed%20or%20Com..jpg
How is it helping the rich when the people in the highest income bracket (and the ones that pay the most in taxes) are the ones that do not get any tax refunds? The lower income brackets get GST cheques every 4 months, yet the "rich" do not get anything, seems like that is helping the poor not the rich
Are you daft? The GST cut helps the rich, not the poor (as anyone can see from my not so dramatic savings). By increasing income tax for the lowest tax bracket to offset the loss in revenue from the GST cut hurts the poor. See it's simple, GST cut good for rich, tax increase for lowest tax bracket bad for poor.
You know I really feel bad for the rich. They get to keep 71% or more of their annual income but they don't get the 200$ or less worth of GST cheques in a year.
Those are cheques? I thought they were novelty napkins!
Novelty napkins, I think not, more like ass wipes.
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