Income splitting won’t help parents who really need a tax break


The Harper government’s parental income splitting plan is designed in such a way that guarantees it will only make a difference to the richest Canadians. By design, it cannot help those who need assistance with child care the most.

 

Single parents cannot get any help from income splitting at all – it takes two adult taxpayers to take advantage of income splitting. Most single parents are women, and women’s average earnings are much lower than men’s. Furthermore, women are often caught in the constant bind of low earnings and not having enough income to pay for affordable child care so they can spend more time in paid work.

Read full article at The Globe and Mail

 


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