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Old 08-13-2015, 09:52 AM   #715
MrCallahan
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Join Date: Feb 2012
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Can someone help explain why abolishing the TSFA increase is a bad thing? everyone say it does nothing but help the rich, and doesn't help lower-middle class. I can see how it can help the more wealthy, by increasing their tax-free shelter. But why can't everyone take advantage of that?? for people that could be putting a few hundred per month in an mutual fund, why not move it into the TSFA? that way they won't get taxed on their gains during growth periods if they decide to pull out money?

I'm not a pro when it comes to the finance or the political world, so trying to wrap my head around that one stance that everyone except the conservatives seem to be against.

Last edited by MrCallahan; 08-13-2015 at 09:57 AM.
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