As the Liberals wax on about about "tax solutions", at its caucus meeting in Canada's wine country (don't forget, this is Canada's pretty of the " middle class"), we have finally learned a little more of The Justin's vague terms of middle class and Rich and now they are defined. After being pressed by the media The Justin have this piece of info that let's us see more into the Liberals definitions:
"As soon as you start talking about the small percentage of people who have or who can max out both their RRSPs and their tax-free savings account, you’re talking about the wealthiest Canadians,”
So there you have it. A Canadian that can pay his or her own Liberal tax burden ( not including PST and GST on all purchases) and then have enough to " max out" TFSAs ($5,400) and RRSPs (average $18,000 to $36,000) is among the "wealthiest Canadians", then God help this country.
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