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Friday, September 19, 2014

Nothing for the middle class from Harper

Who wins with income-splitting? Rich Albertans.

If Stephen Harper’s goal was to design a tax policy to make income inequality in this country even worse, he can pat himself on the back. That’s exactly what the Conservatives’ family income-splitting tax scheme will do.

Research from various organizations across the political spectrum has demonstrated already that this tax policy, projected to cost the federal treasury $3 billion in 2015, would be an expensive and inequitable tax giveaway.

Pushed by social conservative groups like the Institute of Marriage and the Family Canada and REAL Women of Canada, income-splitting would benefit very few Canadian households — while lining the pockets of wealthy, traditional families with one breadwinner and a stay-at-home spouse looking after the kids.

http://www.ipolitics.ca/2014/06/10/who-wins-with-income-splitting-rich-albertans/

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