Harper tax cut too slow, rivals say

Conservative leader Stephen Harper used his B.C. campaign swing Monday to offer a new income-splitting plan for families, but his rivals were quick to note that the proposed implementation is years away.

Prime Minister Stephen Harper makes a family tax break announcement with the Wellburn family of Saanich Monday.

Conservative leader Stephen Harper used his B.C. campaign swing Monday to offer a new income-splitting plan for families, but his rivals were quick to note that the proposed implementation is years away.

The program would allow families to share up to $50,000 of family income for tax purposes, which Harper says would save 1.8 million families an average of $1,300 in income taxes. But it would not be implemented until a re-elected Conservative government balances the federal budget.

Liberal leader Michael Ignatieff’s campaign was quick to point out that the family tax cut likely wouldn’t take effect until 2015. The Liberals have their own tax credit plan that would immediately provide $1,350 for families caring for an elderly or seriously ill relative at home.

Ignatieff is also promising a new six-month Employment Insurance benefit for working people to take care of an elderly or ill relative at home.

At a weekend stop in Surrey, NDP leader Jack Layton reminded supporters that while Harper promotes tax relief for families, his government worked with the B.C. Liberals to impose the harmonized sales tax. That tax doesn’t change federal sales tax revenues, but increases the provincial take by extending the provincial sales tax to a variety of services.

With campaigns just underway for a May 2 federal election, parties have not yet released detailed platforms. The NDP platform also includes a promise to extend EI to family caregivers, as well as increases to pensions and assistance for child care and post-secondary education.

Harper’s tax plan would most benefit households where one parent earns the majority of the income and is taxed at a higher rate. It would apply to families with children under 18 still living with their parents.

 

Just Posted

UPDATE: Police seek witnesses to Fernie motel stabbing

Restaurant patron at Fernie Super 8 Hotel injured in random attack

Child hit by car in Elkford; driver not at fault

Child receives non life threatening injuries after being hit by car in Elkford Monday night

Fernie’s Ridgemont area now off limits

Ridgemont area closed as logging gets underway

Fernie, Sparwood voter turnout highest in 10 years

Breakdown of voter turnout at Elk Valley municipal elections from 2008-18

LIVE BLOG: Official election results for City of Fernie

Follow this post for comprehensive coverage of the 2018 Municipal Election

B.C. sailor surprised by humpback whale playing under her boat

Jodi Klahm-Kozicki said the experience was ‘magical’ near Denman Island

Around the BCHL: Chilliwack Chiefs snag spot in CJHL national rankings

Around the BCHL is a look at what’s happening in the BCHL and the junior A world.

Rural regions get priority for B.C. referendum mail-out

Ballot security measures aim to protect against voter fraud

B.C.’s natural gas supply could see 50% dip through winter due to pipeline blast

It’s been two weeks since the Enbridge pipeline ruptured near Prince George on Oct. 9, sparking a large fireball

Mega Millions, Powerball prizes come down to math, long odds

Biggest myth: The advertised $1.6 billion Mega Millions prize and $620 million Powerball prize aren’t quite real

2 Canadians advance to finals at world wrestling championships

Olympic champion Erica Wiebe just missed joining them with a loss 3-1 to three-time world champion Adeline Gray of the United States in the 76-kg event

VIDEO: Fire destroys historic small-town B.C. restaurant

Two people were injured as fire ripped through the Hedley restaurant around 2:30 a.m. Tuesday

B.C. town’s mayoral race a tie, come down to luck of the draw

Harry Gough led incumbent Cindy Fortin by one vote on election night Saturday

Outdoor retailer MEC vows to boost diversity after online complaint

Mountain Equipment Co-op was criticized for perpetuating a white-only picture of the outdoors

Most Read