Quote:
Originally Posted by V
So Justin wants to get rid of UCCB, income splitting and the increased TSFA limits? Ouch, that's three things that hurt me directly. I thought I was middle class, and Justin's saying he wants to help the middle class, but I'm having a hard time understanding how he's trying to help me.
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How is the middle class defined in Canada? I read something today that suggested it was individual income between $50,000/year and $500,000/year.
A lot of "middle class" families don't make enough money to worry about TFSAs because they have nothing to put in them, and because both parents work up to (but not over" the $50 floor, the income splitting doesn't do anything for them either.