Tory tax plan ultimately favours well-off: experts
Updated Sat. Jan. 21 2006 2:13 PM ET
Canadian Press
OTTAWA — Stephen Harper's Conservatives are promising tax breaks if they're elected Monday, but just how much you'll get depends on how much you've already got.
Well-heeled Canadians, rather than low-income families, will enjoy the majority of the benefits from new tax measures promised by the front-running Conservatives, some analysts say.
Middle-income earners can also count on a few extra bucks, especially if they've got young children running around the house under the care of a stay-at-home mom.
But not a lot of cash will trickle down to poorer families.
That's because the Tory tax-cut plans aren't income sensitive, instead offering the same breaks to rich and poor alike -- which means in many cases higher-income earners will fare the best.
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