Looks like it's beer OR popcorn
Jan. 18th, 2006 08:51 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
thebitterguyWell, remember when the Lib aide said that the Tory's child tax credit would be used for beer and popcorn?
Well, it looks like it would have to be Beer OR popcorn.
Take the example of a two-earner couple in Ontario raising two children (one under 6) and earning $36,000 (only a few thousand dollars above Statistics Canada’s estimated after-tax low income cutoff of $33,152 for cities of 500,000 or larger in 2006). That family would end up with a net Child Care Allowance worth just $388 - only 32.3 percent of the $1,200 face value payment.
Well, it looks like it would have to be Beer OR popcorn.
Take the example of a two-earner couple in Ontario raising two children (one under 6) and earning $36,000 (only a few thousand dollars above Statistics Canada’s estimated after-tax low income cutoff of $33,152 for cities of 500,000 or larger in 2006). That family would end up with a net Child Care Allowance worth just $388 - only 32.3 percent of the $1,200 face value payment.
