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Decentralized Democracy

Member of Parliament

Hon. Judy A. Sgro

  • Member of Parliament
  • Liberal
  • Humber River—Black Creek
  • Ontario
  • Voting Attendance: 65%
  • Expenses Last Quarter: $134,163.57

  • Government Page
Context: House Hansard - 157 - Feb/9/23
Hon. Judy A. Sgro (Humber River—Black Creek, Lib.)
  • Feb/9/23 10:07:04 a.m.
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Mr. Speaker, the current income tax system for seniors gives couples numerous ways to lower taxes while singles get none. Senior couples can split their pension income, thereby allowing them to pay less tax and qualify for the age amount tax credit and old age security with limited or no clawbacks. The undersigned single members and other citizens of Canada call upon the Government of Canada to offer tax benefits to senior singles equal to those now in place for senior couples, which would include offering single seniors a reduction of 30% on their income to be taxed and allowing, upon death, single seniors with an RRSP, RRIF or TFSA to transfer it to the RRSP, RRIF or TFSA of a beneficiary of their choice.
125 words
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