Tuesday, January 10, 2006

Daycare - You want $100?

Well, you can't really have it.

Turns out that Stephen Harpers $100 a month for daycare isn't really $100.

It's a lot less.

Strangely though, the more money you make, the more you get, or so says the latest Caledon Institute Analysis.

Those crazy pinkos at the Institute read the small print and did the math. The small print says Stephen's daycare plan is taxable. Which is kind of wierd for a guy who says he wants to cut taxes.

This is how it works.

First, Stephen Harper taxes you to get the $100. Then he hires a bureaucrat to put in the mail and send it back to you. Then Stephen Harper taxes you again.

Bad news if you make $30,000 to $40,000 a year. You get to keep $673. Unless your spouse works, in which case you only get $460.

Thats what you get for working hard, playing by the rules, and paying your taxes under Stephen Harper.

The good news is, that if you make $100,000 a year (like Stephen Harper), you get to keep $1,032 a year. Unless you are single parent who makes $100k, in which case you only get to keep $655 a year.

Nice. If you make $100,000 a year, like Stephen Harper.

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