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Old 04-04-2012, 01:14 PM   #906
First Lady
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Quote:
Originally Posted by MarchHare View Post
I never said parents have no clue how to spend or save money. Please don't attempt to distort my position.
You said:

Quote:
Originally Posted by MarchHare View Post
So the proposal is to give kids an equal share of the 20% too? Is there any way to guarantee the money will even be used by the intended recipients (e.g. putting it into a trust until the child turns 18, as is frequently done when children earn money)? What's to stop the cheques intended for children from turning into bonus double dividend payments for the parents?
The fact that they will go to the parents, makes it very clear you are questioning what parents will do with the money.

Quote:
I think everyone acknowledges that a dividend cheque sent to a toddler is going to be spent by the parent, not the child. So the proposed dividend system will be setup so that one class of citizen (parents with young children) will receive a greater share of the 20% dividend pot than everyone else (childless Albertans or parents with adult children).
Ahhh no, the "class" as you refer to it = all Albertans. Being under 18 makes you no less an Albertan or a different class. Each Albertan will receive an equal portion.
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