Quote:
|
Originally Posted by Mike F
You don't/won't.
First, it's never been $600. Nice reporting.
What was promised is:
"A Conservative government will allow the parents of young people under 16 years old who register their children in organizations that promote physical fitness to claim a federal tax credit on registration fees to a maximum of $500 per year per child."
It sounds like "you get $500", it's being widely reported as "you get $500", and ol' straight shooter, bringing truth and dignity back to the office Harper is happy to let it go reported as such unless actually pressed on it, but in reality it is much less.
As reported here, what it really is is that if you spend money registering your kid for organised sports, you can take a tax deduction on the first $500. In reality it would come out to an $80 savings on you taxes. |
They probably shouldn't have reported that then.