(716) Mad money

big splitCanada’s federal Tories have talked up their income splitting plan as a form of relief for families, something to strengthen the country.  Critics are pointing out that the benefits of this three billion dollar giveaway are directed nowhere near those most in need.  The Broadbent Institute has released material that mocks the new tax mechanism as belonging to a long gone era.

Op-ed: Income splitting a tax gift for the affluent

How much money is $3-billion infographic

image: screenshot Broadbent Institute site