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So much for tax splitting election promise
Editor, The News:
Stephen Harper and his Conservatives finally had a good idea and made Canadians a election promise to introduce income splitting for income tax, which is long overdue and would go a long way to helping fix the serious financial crunch most seniors find themselves in these days. When there is a big discrepancy between a couple's individual incomes, they end up paying taxes at a greatly inflated rate because of the present unjust system. Mr. Harper, when confronted with the choice of two ways to go for tax cuts, will unfortunately always go with the corporations that are the lifeblood of campaign contributions. It is, as always, no contest. Seniors will have to go to the food bank a couple less times a year thanks to the couple pizzas we can buy with our one percent GST cut. As for the rest of the cuts, I doubt they will amount to no more than $200 for us. So much for election promises to Canadians by the Conservatives.