Wednesday, April 29, 2009

Elliott would double tax credits on charitable donations

Christine Elliott announced today that she would double the amount that Ontarians can claim for charitable donations over $200. From her website:

Elliott says she would increase the rate of provincial charitable tax credit for donations over $200 from 11 percent to 22 percent, bringing the combined federal and provincial tax credit from 40 percent to 51 percent.

I do have some mixed feelings about subsidizing charitable donations, but really I'm not going to get all up in the business of politicians trying to encourage charitable donations, especially when there are much more important, discriminatory and economically ridiculous policies to worry about. And even more when the sentiment is something like this:

Elliott believes that local charities benefiting from this policy can often be more effective than government at delivering much-needed assistance to Ontarians.

“This measure would strengthen the volunteer organizations and community groups who do the things that are very challenging for governments to accomplish,” said Elliott.

It is nice to hear a politician admit every once in a while that maybe they can't solve all of our problems.

Cross posted to The Shotgun.

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