'If I had to declare my rent payments as a taxable benefit, I would be paying double tax on that portion of my income.'
In response to Jo-Anne Berezanski's suggestion the federal government could allow renters to claim rent as a taxable benefit to help alleviate the housing shortage, I am afraid we renters would not be too happy.
I have already paid income tax on the income I use to pay my rent and if I had to declare my rent payments as a taxable benefit, I would be paying double tax on that portion of my income. I receive a taxable benefit on my extended health and it must be declared and income tax paid on the benefit I receive.
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