Tax refund rules changing
Monthly refunds less useful to seniors than annual lump sum.
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Dateline: Tuesday, March 06, 2012
From: Marg Wood
I am outraged at the Harper government for deciding that low income people need to have their refunds in monthly installments, instead of a lump sum! They seem to think we are not responsible enough to use it wisely! I avoid paying interest on any thing, I pay my bills before the due date and I pay my credit cards in full each month and have never paid interest on them.
I count on my tax refund to pay my auto and home insurance so I don't have to pay 4 percent interest when paid in installments! I have put off going to the dentist to have a broken tooth fixed $700.00 until I get my refund! How dare this government assume that low income people spend their money frivolously!
I am a 73 year old retired senior and I raised 2 daughters on my own and managed to save for my retirement. This government will force me to either pay 4 percent interest on my insurance payments, or more tax if I take more money from my RIF to pay my bills! I am not irresponsible! THE HARPER GOV. IS!
Will they pay me interest on my monthly installments???