Tuesday, September 9, 2008

Strong Support For Income Splitting


New Zealanders from all walks of life have given an overwhelmingly positive response to the idea of Income Splitting. Over 205 written submissions were received by Inland Revenue, 90% of which supported the proposal and only 7% opposed it.

Seventy percent of submitters said income splitting should be optional and income should be split on a 50/50 basis.

United Future Leader, Peter Dunne, said "UnitedFuture has long championed income splitting as an option for families who want to be able to have one parent stay at home and carry out the vital duties of raising children and strengthening families.
This level and tone of response shows that New Zealanders also support income splitting."

Parents Choice '08 believes that Income Splitting provides greater flexibility to parents and enables parents to determine work and child care arrangements.

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