LES WHITTINGTON, OTTAWA BUREAU
OTTAWA—The Conservative government is looking at a radical restructuring of the tax system that would allow couples to reduce what they pay by averaging out their income, says a government source.
But introducing income splitting — something Finance Minister Jim Flaherty could touch on as early as Thursday when he delivers his annual economic update — is likely to set off sharp criticism from groups that consider it unfair to single Canadians and a disincentive to women working outside the home.
Critics say income splitting — transferring income to the lower-earning partner for tax purposes — would alter the fundamental nature of the tax system, making the family a basic unit and the system less progressive...
Woohoo!!I'd like to draw your attentions to Mr. Whittington's bias against tax splitting. Clearly, this is a man that does not view the family as the basic unit of society. Anything which gives the family an advantage, or even a level playing field is not "progressive."
Mr. Whittington, do you have a family?
Anyway, I will be keeping my eyes and ears open. I will be thrilled if the government really does introduce income splitting. That will help so much.