I just found from my accounting company that the McGuinty government has taken our PROPERTY TAX CREDIT and moved it into a fund called the TRILLIUM BENEFIT fund. This means for all of us who were hoping for nice tax cheque, we are out of luck. Instead the credit (formerly ‘refund’) will be paid out in 12 equal installments starting in July 2012 along with the ONTARIO ENERGY CREDIT. What he has done is basically borrowed (or stolen) our refund money to help finance his governments’ debt. This action will naturally hurt seniors and the poor the most just like taxing our hydro and heating did. Will McGuinty ever stop screwing the poor to help the rich.
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