Ontario 'bribe' of $200 | Page 2 | Your stories | Discussion forum

RetirEd said

In the US, right now, we are seeing import tariffs - regressive taxes that cost the less wealthy a greater proportion of their income - being applied to enable major income tax cuts and corporate targeted cuts. Consumers pay for tariffs.  

The US Supreme Commander is banking on his loyal followers to remain intoxicated on his kool-aid for the next 4 years as he declares war on all their allies ....

Bill said
To suggest that consumers bear the burden of tariffs is not my view, far greater financial impact will be to the many working-age people (and their families) who will lose their jobs. Retired Boomers, who have had many decades to prepare for retirement, who suggest that having to pay a bit more for groceries, etc is the main problem tariffs cause strikes me as kind of Me Generation-ish.  

I look forward to see who all the whiny babies blame for their hardships once the Boomers all pass on. I for one would like to thank all the Boomers who through their hard work built up a lot of the positive things we take for granted and are in the process of loosing through apathy at best.

Many people think that this generational transfer is overrated, as seniors tend to spend money on themselves instead of passing it to the next, ungrateful, generation.

savemoresaveoften:

Taxing at a higher % on a higher amount is basically "double" taxation. To "rebalance' the rich vs the poor is such a political blah blah. It's used to please the poor which is the majority of the voters...

That word, I do not think it means what I think you think it means...

COIN said
Did someone say or hint that the $200 "bribe" is taxable income? That means the "rich" will have to give back $106 in taxes.  

It's a “tax rebate”. Not taxable.

The $200 Ontario tax rebates are being done by mailed paper cheques. Printing and mailing of cheques is not as fast as electronic direct deposits.

The distribution is still in progress. According to Toronto.com (February 8, 2025): Are you one of the millions of Ontarians still waiting…, about 11.76 million of the 15 million rebates have been issued so far.

COIN said
Sill waiting for my $200 "bribe". What's taking so long?  

Got the cheque yesterday or the day before.

My wife got her check on Monday & mine showed up 2 days later.

I know two ladies, both married in the 1970s, who got their cheques issued in their maiden names, names not used since marriage. How?

And I thought I had the government news of the week. From CRA I had ordered 2 paper Ontario T3 returns and associated packages, this week's mail brought the 2 returns along with the 2012 (yes, 2012) T1 individuals' returns schedules booklets for Manitoba.