Quote:
Originally Posted by I_H8_Crawford
I guess the question is why is the percentage so low? If it is because most people need to use that money to put food on the table then I get it. But if it is because they have maxed out their credit to drive a new car, live in a $600K house, and eat out each night, I don't know why I should care... IMO if the latter is the larger cause, then it is not a case of the TFSA benefitting the rich, it's a case of the TFSA benefitting people who are smart with their money.
I save a lot of my money, so selfishly, I want the limits doubled so I can have a very comfortable retirement.
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The public (and therfore politicians) often have trouble with the idea that people who are smart with their money are the ones who end up rich.