87.7 Improving the Tax Treatment of Child Care Expenses
Whereas, The present Canadian tax system allows certain tax deductions to be claimed by income-earning parents for monies spent on child care; and,
Whereas, The benefit from tax deductions is less for low and middle income persons because of their tax rates, while the benefit increases as income rises; and,
Whereas, Tax credits, which are deductions from tax payable remain constant regardless of income; therefore be it,
RESOLVED, That The National Council of Women of Canada urge the Government of Canada to convert the present tax deduction for Child Care Expenses to a Tax Credit to ensure that lower and middle income applicants receive more equitable tax treatment.