– Income splitting “affects a relatively narrow subset of beneficiaries”
– “Eligibility rates for households in the bottom 20 per cent of income are near zero”
– Will bring a “net reduction” of about 7,000 full-time jobs.Parliamentary Budget OfficePBO report, March 17, 2015
Income splitting “pushes in the direction of shrinking the economy”Kevin MilliganMaclean’s, March 17, 2015
Income splitting — “it’s the equivalent of state-run socialism for the wealthy.”Michael Taubeformer Stephen Harper speechwriter, March 19, 2015
“We’re still at a point where the majority of single parents are low income and so income splitting wouldn’t benefit them.”André PratteLa Presse, le 1er novembre 2014
“Income-splitting is being done to placate a small part of the Conservative base at the expense of virtually everyone else… 85 per cent of Canadian taxpayers will get precisely nothing from this cut… There is no justification whatsoever for introducing income-splitting on social or economic grounds.”
Scott Clark and Peter DeVriesiPolitics, 30 October 2014
“It is difficult to find economists, on either the right or the left, who think income splitting is a sound economic policy.”Louis-Philippe RochonAssociate Professor, Laurentian University
“But income-splitting will still leave most families out. Single parents (accounting for as many as 28 per cent of families, by some estimates) will get nothing. Couples with relatively similar incomes won’t benefit either. Only couples that fit the stereotypical model of one high earner and one who doesn’t work outside the home, or has a low salary, stand to be significant winners.”EditorialToronto Star, 30 October 2014
“It really makes no sense, and is an irresponsible use of public funds.”Professor Lisa PhilippsTax and fiscal policy expert