Quote:
Originally Posted by flamefan74
I agree that some retirees would be more vulnerable. I was reading it as any pension, which would include company, federal government, etc. So pretty much everybody. It didn't specify, it just said retired people receiving pension. Or maybe I'm just tired and misunderstanding.
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No question that not taxing pension income is still a clumsy tool in the sense that it would benefit many wealthy retirees who don't need a tax breaki was just suggesting that it is probablyless clumsy than a TFSA simply because, generally speaking, more retirees are vulnerable than the general population (who for the most part are still earning income from employment) who benefit from the TFSA.