Tories’ TFSA promise would mainly benefit the wealthy: report
Bill Curry / Globe and Mail
A plan to double the amount people can put in a tax-free savings account is facing new criticism that – like income splitting – it would benefit mainly the most well-off Canadians.
Read moreDoubling TFSA limit will only help wealthy, study argues
Two studies warn against increasing TFSA contribution limits
Lee-Anne Goodman / The Canadian Press
OTTAWA - Two studies on tax-free savings accounts sound alarm bells about their long-term fiscal impact if the Conservative government keeps a 2011 campaign promise to allow people to park almost twice as much money in the popular savings vehicles.
Read moreTFSA proponent warns against increasing limit
Peter O'Neil / Vancouver Sun
OTTAWA — Prominent B.C. economist J. Rhys Kesselman is horrified by the Frankenstein’s monster that has evolved from a tax policy idea he advanced in 2001.
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