Family friendly federal budget highlights from MP Hill
Prince George Peace River MP Jay Hill says the 2007 budget is family friendly with a working income tax benefit up to 1000 for low income families and 500 for individuals. A new child tax benefit saves parents about 310 per child yearly and RESPs have a 50000 lifetime cap removed. Seniors gain RRSP age to 71 and a 2000 fuel efficient car rebate contrasts with a 4000 Green Levy for gas guzzlers. The plan aims to cut debt by 3 billion and boost tax relief from interest savings. Truckers receive meal expense relief up to 80 percent from 50. See TAKING.