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Originally Posted by FireFly
Also, you aren't mentioning all the other tax credits you'll get. Sounds to me you just want something to complain about, without knowing all the details. (An extra $65/month for books? That's not more than your GST rebate?)
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Yeah, but it's not like they get $65/mont cash. They get $65/month tax credit, so for an 8 month/year student it reduces their taxable income by $520. If the lowest tax bracket is 15.5% then that only translates to an increase of $80.60.
Probably more than the GST rebate difference, but still not a huge ammount of cash.
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