Income-splitting unfair no matter how you dress it up

ID: 1314318
recent pressrelease next pressrelease

(businesspress24) - OTTAWA, ONTARIO -- (Marketwired) -- 10/30/14 -- Stephen Harper''s announcement today does nothing to change the basic truth about his government''s income-splitting proposal. The plan is unfair and benefits primarily a small minority of the richest Canadian families.

Income-splitting is such bad policy that even the Conservatives'' traditional allies have panned the proposal. The right-leaning CD Howe Institute has stated that it is bad economic policy and bad social policy, while Harper''s own former finance minister, Jim Flaherty, criticized it for benefiting only the small minority of the richest Canadians who least need a tax cut. In fact, 86 per cent of Canadian families will see no benefit at all from income-splitting. Painted as part of the Conservatives'' family agenda, along with the inadequate Universal Child Care Benefit, the proposal does nothing to address the pressing crisis most families face trying to find affordable child care.

"No matter how it''s dressed up, income-splitting is bad policy. It doesn''t help Canadian families. Instead it just increases income inequality in Canada," said Paul Moist, CUPE National President. "What Canadian families need is a universal child care program. Access to quality, affordable child care is the fair solution. It is vital for our children, and it helps families work and study while keeping the wheels of our economy running smoothly."

While the Conservatives are happy to simply tweak proposals that benefit a small minority of the richest Canadians, the NDP has proposed a $15-a-day child care plan that will provide a million child care spaces across the country and ease the child care crisis for all Canadian families.

Willy Blomme
CUPE Media Relations

Keywords (optional):


Company information / Profile:

PressRelease by


PressContact / Agency:

published by: Marketwired
print pressrelease  send to a friend  

Date: 10/30/2014 - 15:17
Language: English
News-ID 1314318
Character count: 0
Firma: Canadian Union of Public Employees (CUPE)
Ansprechpartner: Feedback to about Pressrelease-id:


Number of hits: 251


Direct Link to this PressRelease:

We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease

All members: 9 438
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 52

Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.