Quote:
Originally Posted by Slava
Very few people qualify for the income splitting though. Statistically it's what, 11%? The other consideration is that you were already getting good that split if you qualify. This is a separate policy. Before you ask I also didn't factor in the volunteer firefighters tax credit either.
The thing is that this is a net cost to people being sold as a gain. You can spin it by trying to look at other possible factors or things like that, but at the end of the day they removed one credit and gave us some new taxable income. Looks good on paper leading up to an election, but the net is a loss to the average household in the category.
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When changes are made as part of comprehensive reform, it's probably best to evaluate the new program in its entirety.
Or you can continue to be condescending, and misrepresent.