Stephen Harper unveils income splitting tax break for Canadian families with children under 18
nationalpostThe Canadian Press,Postmedia News
Stephen Harper unveils income splitting tax break for Canadian families with children under 18
The so-called 'Family Tax Cut' will allow an eligible taxpayer to transfer up to $50,000 of income to his or her spouse in order to collect a non-refundable credit
Oct 30, 2014
Income Splitting Benefits
The federal government's new income splitting policy will only benefit 15 per cent of Canadian families, according to critics. For the first time, families with children can split their income and lower their taxes. But the Canadian Centre for Policy Alternatives says only those making more than $200,000 a year will get the biggest benefit. What do you think? | CBC News
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The federal government's new income splitting policy will only benefit 15 per cent of Canadian families, according to critics. For the first time, families with children can split their income and lower their taxes. But the Canadian Centre for Policy Alternatives says only those making more than $200,000 a year will get the biggest benefit. What do you think? | CBC News
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