Quote:
Originally Posted by IliketoPuck
I don't think it is a great idea. But I think it is a much more viable way of supporting parents than creating a new social program costing us billions of dollars a year. I understand what you are saying, but the reality is that a day care program is much more costly to taxpayers than the marginal benefit gained.
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I'm with you there. The beauty of tax credits is that should you not need to encourage or discourage certain activities in the future, you just pull the credit or incentive, no one needs to be let go and paid severance or shuffled into another government department. Plus when programs are created there's a whole new level of bureaucracy that has to get fed an increasing amount of money every year. The last thing Canada needs is more unionized 9-5 timerenters with defined benefit pension plans who expect raises above the annual CPI regardless of output.