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With a projected budget surplus in 2015, what the Conservative government announced is the Family Tax Cut. Although it sounds like the original campaign promise, the Family Tax Cut does not deliver true income-splitting. Rather, it is a lookalike offering.
OTTAWA - Liberal Leader Justin Trudeau is signalling the tax cuts promised by the Conservative government could lead to a political showdown ahead of the 2015 federal election.Trudeau suggested in an...
The conclusion of a study in the Canadian Tax Journal that Tax Free Savings Accounts (TFSAs) have become yet another tax break that favours high-income Canadians should come as no surprise. Since 2006, the Harper government has worsened the alphabet soup of exemptions and tax credits that passes for our tax system, by essentially bribing certain segments of the population.