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Choices Mr. Flaherty, choices…

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CPRN Commentary
Author: 
Manson Singer, Sharon
Format: 
Article
Publication Date: 
22 Mar 2007
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Excerpts from the commentary:

Government budgets are all about choices &em; how to invest the money collected from us to make life better for all Canadians. Federal Finance Minister Jim Flaherty delivered the Conservative government's budget choices this week, and sifting through the numbers makes those choices quite clear.

Since this was a budget touted to help Canadian families &em; how did they fare? Mr. Flaherty chose to focus on personal income tax relief for families. The Working Families Tax Plan delivers up to $2,000 per child in a tax credit for children under the age of 18.

Further, fewer families are paying taxes because he raised the deduction allowed for dependents &em; either spouse or dependent child. .

What does this measure do for families? Let's take a look at the numbers.

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