Quote:
Originally Posted by MattyC
There's a pretty big difference though between teachers spending out of their own pocket to help educate kids vs you spending out of your own pocket to further your private business in someway. You (presumably) get benefit from doing that as it will help your business. Teachers see no benefit from spending their own money on other people's kids.
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OK, fair enough, but there are a lot of civil servants in a lot of industries who are likely in a similar position. Why else would it matter to teachers specifically?
I've been on record, seemingly forever, saying that these boutique tax credits are stupid and misguided. This one is no different than the volunteer fire fighter credit from a few years ago, IMO. If the governments want to reduce the tax burden, just lower taxes. Don't get all cute about it, and make people save $1000 worth of receipts for the better part of a decade. Just reduce the tax bill for everyone and call it a day.