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Income Splitting and Joint Taxation of Couples: What's Fair?

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Income Splitting and Joint Taxation of Couples: What's Fair?

The introduction of tax splitting for pension income has provoked debate over whether Canada should extend splitting to other types of income. Indeed, some of the same people who advocated pension splitting are leading the call for broader income splitting for couples. As once Tory, then independent and, as of writing, Liberal MP Garth Turner asserted, “Now that we’ve opened the door to pensionsplitting for seniors, it’s only a matter of time before this principle extends through society” (Bailey 2007). Similarly, economist Don Drummond remarked,.


By IRPP, Canada.


Taxation Policy Resource.