N.B. Liberals - Inflation Creeps - An Example

OK, these Liberals have been in power for a while now. Let me give you an example on how they nickel and dime low income taxpayers. With just one example.

There is a NB government program for low income people. In 2006, my aged retired mother qualified for the property tax allowance (a rebate of $200). To qualify, the taxable income (Line 260 on the Income tax form) can not exceed $20,000 for the previous year, which in this case, would be 2005. She just got in under the line with an income of $19,700.

Tough titties for the following year, her three government pensions(OAS, CPP, Nurses Pension) are indexed, the increased in pension income pushed her over the line by a hair since the max. income allowed stayed at $20,000. It should be adjusted upward to take care of inflation creep. So she missed out for the rebate in 2007 and 2008. The max. income allowed is still at $20,000 after 3 years.

If a few people in every MLA district would go to the MLA's local home office and bitch about this, something can be done. I intend to do so.

This Liberal government has sunk $60 million into a corrupt credit union, a few more million into a frigging golf course(Royal Oaks in Moncton) and I am sure there are other examples I will think of later. And they have the bloodsucking gall not to rectify this injustice.

April 22/08 Update:
--Another example, NB liberal government bails out nursing homes pension plan to the tune of $20 million of taxpayers money.

Taxed To Death

It's that time of the year. I do my own income tax. Many people don't realize how heavily taxed we are. An example, I am in the second tax bracket, since my taxable income is above $37,178 for the tax year 2007. I found a missing T5 slip for interest. So I recalculated my income tax knowing what a large bite will be charged to this extra declaration. My missing T5 slip was for $586.00 and I had to pay 37.48% of that amount in additional taxes. That's $219.63

Highway robbery, no doubt about it.