Here's a post Charles:
I know your a liberal party member Charles, but that shouldn't stop you from reporting the facts. Here's one recently discovered:
"The Liberals have recently given a Christmas gift to their rich friends in the form of an increased tax credit on dividends from 3.7% to 12%. That’s quite a generous gift for people already rich enough to not need handouts."
It's interesting to note that according to Statistics Canada only 25% of New Brunswickers even own stock. Thats some pretty selective favours when energy rebates aren't even going to be honoured. I'd hazard a guess that the savings on this 'favour' would go a good ways toward paying for a lot of those promises currently being broken.
3 comments:
To the fact that not many NB'ers have stocks - an increased credit on dividends would allow more people to participate in the capital market.
Big deal it still benefits the wealthy and when the average people getting a healthy break on taxes.
To the fact that not many NBers have stocks----
I highly doubt that the reason New Brunswickers don't have stock is because the tax credit on dividends was only 3.7%. I highly doubt NBers are finally thinking "thank god the tax credit on dividends has been raised from 3.7 to 12%, NOW its worth participating in the capital market!"
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