Popular media discussions of tax policies with regard to income splitting have focused on recent changes in the individual income tax for those with pension income and families with children. However, income splitting has been an important aspect of small business taxation for many years, even...

This article presents a first step toward consideration of how tax preferences may affect the progressivity of the Canadian federal personal income tax system at the top end. The authors consider 60 tax expenditures listed by the Department of Finance and use tax filer data to attribute the...