Monday, January 16, 2006

$388

As The East End-Underground reports, the Conservative's child care allowance proposal evaporates once you figure in the income taxes. From a Caledone Institute study: "a two-earner couple in Ontario raising two children (one under 6) and earning $36,000 . . . would end up with a net Child Care Allowance worth just $388 - only 32.3 percent of the $1,200 face value payment."

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