As a 'wealthy' senior, I do not want to receive Old Age Security at all. It does make a great deal of sense to lower household income thresholds for clawbacks.
It is appalling that a senior couple aged 75 and over with a $173,000 income can receive $19,000 in government handouts while our children struggle to pay outrageous rents.
A progressive tax system and clawbacks for social benefits are a fundamental part of building an equitable society. Let's raise household income thresholds for Canada Child Benefit clawbacks.
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