Opinion: Home Owner Grant program 'badly needs reform,' former NDP finance minister says

South Africa News News

Opinion: Home Owner Grant program 'badly needs reform,' former NDP finance minister says
South Africa South Africa Latest News,South Africa South Africa Headlines

The program treats a couple earning $100,000 who has a huge mortgage and badly needs the grant the same as a couple earning $400,000 with no mortgage and really doesn’t need the tax break.

  • 📰 PGCitizen
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

As a former finance minister, I couldn’t agree more with James Steidle . B.C.’s Home Owner Grant program is inequitable and unfair and badly needs reform.

Many government grant programs are “means tested”: those who have higher incomes receive lower grants or none at all. The Home Owner Grant program should be reformed to incorporate that principle.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PGCitizen /  🏆 65. in ZA
 

South Africa South Africa Latest News, South Africa South Africa Headlines



Render Time: 2025-01-14 20:01:38