2006 Federal Budget
The new government unveiled its 2006 budget today. Naturally, a few things stuck out in my mind.
- The lowest tax bracket has received an increase of federal tax
- The potentially abusable Canada Employment Credit
- A taxable Universal Child Care Benefit
- Textbook credit for post-secondary students that doesn’t even pay for one textbook
- Tax breaks for sports programmes only
- Armed border presence?
- A GST cut in a booming hot economy
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