A little math re: childcare for #exln44
For my 2.5 year old, we pay $318/week or $16,854/year
Under the proposed Liberal plan: cost = $2,600/year
The CPC are proposing a tax credit of up to 75% for low income families which means a credit of $12,402
That’s a huge difference
For my 2.5 year old, we pay $318/week or $16,854/year
Under the proposed Liberal plan: cost = $2,600/year
The CPC are proposing a tax credit of up to 75% for low income families which means a credit of $12,402
That’s a huge difference
I’d rather see costs lowered upfront to the tune of 85% less (!!) under the Liberals than ask low-income families to wait until tax season to see any benefit. They will still have to pay upfront costs
Not to mention, the Liberals plan, from what I’ve read, is universal
Not to mention, the Liberals plan, from what I’ve read, is universal
As noted by some lovely tweeps,
- what’s the limit on said tax credit?
- what’s the income limit?
- does this mean no plan for middle-income families?
- how does this help people get back into the workforce if they can’t wait until April to see reimbursement?
It’s 1/2 a plan
- what’s the limit on said tax credit?
- what’s the income limit?
- does this mean no plan for middle-income families?
- how does this help people get back into the workforce if they can’t wait until April to see reimbursement?
It’s 1/2 a plan
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