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- 12:52, 12 May 2026 AlfonsoWilkes0 talk contribs created page History Of This Federal Income Tax (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks from someone which in a high tax bracket to a person who is in the lower tax bracket. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't possess any other taxable income. Normally, the other body's either your spouse or common-law spouse, but it could even be your children. Whenever it is easy to transfer income to a person in a l...")