Looking for fairness in seniors income tax policy

Both Trudeau and Mulcair want to play ‘Robin Hood.’

Both Trudeau and Mulcair want to play ‘Robin Hood.’

Their simplistic way is to cancel income splitting. There are a great number of retired couples in Canada living only on pension income. There is no way they are “rich.” Usually the major pension income is registered to one of the couples.

Income splitting for tax purposes is one break we get in all fairness.

Have either of these guys ever defined where the split is between the “rich” and the “middle class?”

Ron Dash

 

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