Liberals’ proposed tax-free parental leave could help high earners more than middle class, economist says

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Liberals’ proposed tax-free parental leave could help high earners more than middle class, economist says GlobeInvestor

Paul Castillo and Jessica Whitford of Toronto are expecting their first child in January and could benefit from Prime Minister Justin Trudeau's promise to make parental-leave benefits tax-free.The Liberal Party’s platform in the federal election stressed help for the middle class, including tax-free parental-leave benefits, part of a plan aimed at “helping families make ends meet.”

The campaign promise was short on details, but asserted a Liberal government would “make sure families get more money right away, by making maternity and parental benefits tax-free.” by 15 per cent for children under the age of one, giving $1,000 more to the lowest-earning families.

Brook Simpson, press secretary for the Prime Minister’s Office, says it will be up to cabinet to decide how to proceed on the campaign promise. The new cabinet will be sworn in Nov. 20, but the changes would require new legislation to be passed and time for implementation, so there is no clear timeline of when parents could receive the new benefits.

“The CCB was created as the centrepiece of the government’s agenda to help pull people out of poverty, but the government is now opting to spend substantially more incrementally to boost a regressive parental benefit than their own signature, progressive measure.”

 

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globeinvestor But but he promised to help the middle class...

MRH_1984 globeinvestor Trudeau is screwing the middle class...

globeinvestor Surprise! Not.

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