Close X
Tuesday, December 3, 2024
ADVT 
National

Will Tax Measures Benefiting All Families Benefit Federal Political Leaders?

Darpan News Desk The Canadian Press, 01 Apr, 2015 12:17 PM

    OTTAWA — When the prime minister says the government's new tax package will benefit all Canadian families with children under 18, will that include his own?

    Stephen Harper isn't saying.

    A spokesman for the Prime Minister's Office won't discuss whether Harper himself intends to take advantage of the new income-splitting rules or the expanded child care benefit, for which his family is eligible.

    Stephen Lecce would only repeat the government's preferred talking point: "All Canadian families with children will benefit and save from the tax package we announced last fall."

    Harper would qualify for the maximum $2,000 tax credit if he split his $327,000 income with his wife, Laureen.

    He'd also qualify to claim the child care benefit of $60 for his 16-year-old daughter; his son turned 18 last year so the Harpers missed the cut-off to claim the benefit for him. 

    Justin Trudeau earns $219,300 a year as Liberal leader, on top of royalties and investments that are left from his father.

    He too could qualify for a maximum $2,000 if he split his income with his wife, Sophie Gregoire. Trudeau, however, said he won't be taking advantage.

    "I don't need it and I'm certainly not going to be applying for it."

    With three children under the age of six, Trudeau also currently qualifies to receive the $100 per month in child care benefits, which is set to rise to $160 per month.

    If elected, the Liberals have said they would reverse the income splitting plan, but have not made the same pledge about the child care benefit.

    The income splitting program is estimated to only benefit 15 per cent of Canadian families.

    Among those who can't qualify is NDP Leader Tom Mulcair, whose children are both grown.

    His party has also said they'd scrap the income splitting plan if elected.

    What political leaders do or don't claim on their taxes isn't a matter of public record, unlike in the United States, where the White House publishes the a detailed breakdown of the president's financials.

    The federal ethics commissioner does publish a summary of some financial information for the leaders.

    The latest registry information indicates Harper holds a mortgage from the Bank of Nova Scotia, while the file for Trudeau lists the numbered corporations which manage his investments.

    Before becoming Liberal leader, Trudeau had voluntarily disclosed his entire net worth and the source of his income, which includes an inheritance from his father, former prime minister Pierre Trudeau, who had set up the corporations for his own portfolio.

    MORE National ARTICLES

    Parliamentary Budget Officer Says Defence Costs 'Unsustainable' Over Next Decade

    Parliamentary Budget Officer Says Defence Costs 'Unsustainable' Over Next Decade
    OTTAWA — The Harper government has built a military that it cannot afford and will be forced to make tough choices in the future, if it sticks with the current funding envelope, the country's budget watchdog said Thursday.

    Parliamentary Budget Officer Says Defence Costs 'Unsustainable' Over Next Decade

    Quebec Tables Balanced Budget As It Aims To Slice Its Massive Debt

    Quebec will post a balanced budget this year and tightly control government spending as the province aims to slice its massive debt over the next decade, says Finance Minister Carlos Leitao.

    Quebec Tables Balanced Budget As It Aims To Slice Its Massive Debt

    'Absolutely' Confident: TSB Investigator Says Canadian Flights Are Safe

    'Absolutely' Confident: TSB Investigator Says Canadian Flights Are Safe
    VANCOUVER — The chief aviation investigator for the federal transport watchdog says he's absolutely confident in the safety records of Canadian airlines and the psychological testing administered to their pilots.

    'Absolutely' Confident: TSB Investigator Says Canadian Flights Are Safe

    Ontario Woman's 'Kitty, Kitty' Video Of Encounter With Lynx Draws Awe, Ridicule

    Ontario Woman's 'Kitty, Kitty' Video Of Encounter With Lynx Draws Awe, Ridicule
    This could be the ultimate cat video. A northern Ontario woman who came upon a wild lynx outside her shop captured the encounter on video and posted it to YouTube, drawing both awe and ridicule from online commentators.

    Ontario Woman's 'Kitty, Kitty' Video Of Encounter With Lynx Draws Awe, Ridicule

    Toronto-Area Woman Who Injected Silicone Into Customer's Butts Sentenced To 8 Years In Prison

    Toronto-Area Woman Who Injected Silicone Into Customer's Butts Sentenced To 8 Years In Prison
    TORONTO — A woman who injected industrial silicone into the buttocks of customers as an illegal cosmetic procedure has been sentenced to eight years in prison.

    Toronto-Area Woman Who Injected Silicone Into Customer's Butts Sentenced To 8 Years In Prison

    Accused B.C. Terrorist Feared He Would Be 'Taken Out' By Undercover Officer: Trial

    Accused B.C. Terrorist Feared He Would Be 'Taken Out' By Undercover Officer: Trial
    VANCOUVER — A B.C. Supreme Court jury has heard that an accused terrorist worried for his life and brought along a hidden weapon to meet with a man he thought was helping him in his terror plot.

    Accused B.C. Terrorist Feared He Would Be 'Taken Out' By Undercover Officer: Trial