Quote:
Originally Posted by MarchHare
It benefits only about 10% of Canadian households (typically the ones who are already wealthy and least in need of a tax break), so the rest of us receive a relatively higher tax burden to make up the difference.
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This seems to be the main argument against income splitting. My related question is what effective tax rate is appropriate for people below the median income? Because if every change ever made is to make the system more progressive, eventually you have a small amount of wealthy people paying all the taxes, which I'd suggest is highly unsustainable.
What is the "right" amount of progressiveness in the tax system?