Quote:
Originally Posted by RougeUnderoos
Yeah, it is pretty vague. If it's just "you are a teacher, here's 500 bucks", that's something else, and I don't like it either.
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It's $50. It lowers your taxable income $500, which at the marginal tax bracket that teachers are in (which is pretty simple to figure out in Alberta) means they pay $50 less in tax.