Tuesday, May 02, 2006

Tax cuts for some, miniature Canadian flags for others

Ok, I made the second part of that up.

Looks like the intention of this budget is to throw tax cuts at everyone. One thing I did notice, and you won't see it get much coverage, is this:

"The removal of the current $3,000 cap on the amount of scholarship, bursary and fellowship income students can have without paying federal income tax."

About freaking time! The Quebec government already has this policy in place. It has always struck me as incredibly stupid that the federal government would pay out scholarship money, only to claw a good chunk of it back. Now, let's see if the Conservatives maintain the recent increases in funding to SSHRC, NSERC and other granting agencies.

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