Bill 54: Repealing the tax-free allowance

In my last post a commenter known as bill asked me if I thought TJ Burke's tax-free allowance would offset the taxes he payed on property. I replied by saying, "There is no question property taxes would be offset by the gains in exemptions MLA's receive on their monthly per diem. An income stream/benefit regular folks, like us, can't count on at the end of the day."

Well, according to today's Telegraph Journal, it looks like that specific tax exemption benefit will finally come to an end for all MLAs as a bill on pay raises was introduced by government house leader Mike Murphy in the house on Tuesday which "repeals the tax-free allowance (part of their salary) for members of the legislative assembly and rolls that into their taxable salary." Which will now stand at $85,000.

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