The issue of income-splitting — a tax policy whereby income is reattributed within a household from a higher-earning spouse to a lower-earning spouse — has been front of mind among tax experts, federal Conservative ministers and, most recently, the left-leaning Broadbent Institute. The practice advantages households in which income is predominantly earned by one spouse, since it allows a taxpayer in a high tax bracket to attribute income to a partner who pays at a lower marginal rate (or who earns nothing at all).
Employment Minister Jason Kenney says the Harper government has no intention of backing away from its income splitting pledge, despite a new report concluding the plan would exacerbate income inequality and bestow the most benefits to the West.
A few summers ago, I spent six weeks in Canada, as part of a 10,000-mile Great Lakes Circle tour. From Pigeon River on Lake Superior to Kingston on Lake Ontario, I drove and camped my way across Ontario. On Manitoulin Island, I went on a fishing charter captained by a retired nickel miner named Tom Power. The Nickel Belt is a stronghold of Canada’s most socialistic party, the New Democrats. When the conversation turned to politics (as it often did with Canadians during the George W. Bush years), Tom made a statement that would have tabbed him as a Marxist crank on the other side of the lakes.
Posted by NationBuilder Support · June 02, 2014 5:56 AM
Though Preston Manning likes to point out that the etymological root of “conservative” and “conservation” are the same, Canada’s right-wing political parties seem to be going out of their way these days to prove him wrong. In fact, wherever you look around the world, the alienation of conservatives from anything vaguely “green” is nearing completion.