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Family tax cut savings becoming clear as Canadians prepare tax returns

from Toronto Star

Young Canadian families are beginning to learn the size of savings they'll glean from new federal tax cuts as they prepare their 2014 tax returns. The controversial income-splitting plan known as the Family Tax Cut promises to save families up to $2,000 — or $1,670 in Quebec — but critics say few Canadians will max out on the benefit. more


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