Liberals urge Premier Prentice to rethink rollback on charity tax credit

Alberta Liberal Leader David Swann says Premier Jim Prentice’s budget needlessly punishes both charities and donors. Swann, speaking in Calgary, says Prentice needs to rethink a proposed rollback to a tax credit that aids charities.

CALGARY — Alberta Liberal Leader David Swann says Premier Jim Prentice’s budget needlessly punishes both charities and donors.

Swann, speaking in Calgary, says Prentice needs to rethink a proposed rollback to a tax credit that aids charities.

Prentice plans to cut the Charitable Donation Tax Credit from 21 to 12.75 per cent on donations over $200 in the budget that came out last month.

The government says that will save $90 million a year for a treasury depleted by low oil prices.

But Swann says the rollback is self-defeating given the importance of charitable donations for those most in need.

Swann also says he would like to see more funding for family and community support services.

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