Isn't it the future revenue loss for Government that is causing the stir? Really anyone earning say 50 grand a year really has to live a frugal life to save much above the 5500 limit. Is that not the people the TFSA is supposed to help most because their immediate tax savings in a RRSP isn't as much as a high earner.
So it is a way to allow those who can easiest afford to pay taxes a way around it.
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Last edited by Sylvanfan; 02-24-2015 at 07:07 PM.
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