{"id":8105,"date":"2020-12-13T00:44:34","date_gmt":"2020-12-13T05:44:34","guid":{"rendered":"https:\/\/ckms.ca\/?p=8105"},"modified":"2020-12-13T00:44:34","modified_gmt":"2020-12-13T05:44:34","slug":"were-not-going-to-have-a-christmas-says-woman-told-to-repay-18500-in-cerb-by-years-end-cbc-news","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=8105","title":{"rendered":"&#8216;We&#8217;re not going to have a Christmas,&#8217; says woman told to repay $18,500 in CERB by year&#8217;s end | CBC News"},"content":{"rendered":"<p>A Charlottetown cake-maker disputes a letter from the Canada Revenue Agency saying she wasn&#8217;t eligible to receive the Canada emergency response benefit and should pay back the money by year&#8217;s end to avoid tax complications. The dispute involves net versus gross income.<\/p>\n<p>Source: <em><a href=\"https:\/\/www.cbc.ca\/news\/canada\/prince-edward-island\/pei-cerb-benefits-payback-1.5838395\">&#8216;We&#8217;re not going to have a Christmas,&#8217; says woman told to repay $18,500 in CERB by year&#8217;s end | CBC News<\/a><\/em><\/p>\n<p>TL;DR: seems that there was no obvious (according the lady here, and the CBC&#8217;s looky-loo) indication that GROSS income was the thing you had to evaluate (had to make &gt;$5k GROSS in 2019), but she reduced her income (via legal deductions, supposedly) below $5K, so CRA sent a &#8220;gimme back&#8221; letter.<\/p>\n<p>My bet: CRA will give up on all but the most obvious frauds.\u00a0 If I recall, the probably incorrect ~800K offenders account for ~$1.7B of all the covid-19 relief spending (of ~$185B ??).<\/p>\n<p>Note that ~800K taking $9K = $7. 2B, so the 1.7B number is likely off.<\/p>\n<p>Is this a &#8220;morall hazard&#8221; thing?\u00a0 Simply letting people off will encourage dishonesty.\u00a0 Similar to how student debt can&#8217;t be forgiven?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Charlottetown cake-maker disputes a letter from the Canada Revenue Agency saying&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[84,332,169,18,420,140],"class_list":["post-8105","post","type-post","status-publish","format-standard","hentry","category-article","tag-canada","tag-cerb","tag-covid-19","tag-economics","tag-moral-hazard","tag-paul","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/8105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8105"}],"version-history":[{"count":0,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/8105\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}