Quote:
Originally Posted by GP_Matt
I don't mind this one as much because it has a defined end date. It will go in for a few years to encourage new people to donate money for the first time, but only for their first time.
In Alberta that means that you should get 75% back on your first donation.
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I guess this is my issue. Donations (over the first $200) already get a 50% tax break, which is greater than any other possible credit or deduction. Why increase it even more?
I suspect this will impact a fraction of the population though, even if you made a $20 Movemeber donation three years ago you don't qualify. I just can't really figure out the reasoning behind it other than "look! another tax break! We are lowering taxes!" when they really are not.