the Conservatives called CBC this week to say that while they would allow the Liberal tax cut to stand for last year, meaning Canadians will still get that tax rebate, they intend to immediately raise personal income taxes if they are elected later this month.
They're running on lowering taxes, but want to repeal some different tax cuts ther opponents passed. I'm going to get a refund on my taxes this year due to that change, but I would owe money the following year to pay it back for 2006. It's bonkers.
I was trying to explain this to someone at work yesterday. I ended up recalling the scene from The West Wing where the President is helping Charlie with his taxes, when at one point they discover Charlie owes money this year due to a rebate the previous year...
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momijizukamori
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Date: 2006-01-07 06:17 am (UTC)no subject
Date: 2006-01-07 07:52 am (UTC)