Will income splitting be announced today?
Sources say yes, a version of it anyway
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The popularity of pension splitting coupled with the looming election, among other factors, gave rise to income splitting
New fitness tax credits also expected ahead of election
Canadians tasted income splitting with pension splitting for seniors. Extending it to families would be an even greater benefit.
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Would allowing families to split income really create a fairer tax system? It all depends on who you ask.
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Analysts say incoming-splitting would benefit only some families.