text: Are they counting unincorporated sole proprietors who obviously cannot issue dividends?  1 in 8 corporations seems very low.  I would think that more than 1 in 8 have spouses that either work for the company or do not but would still benefit from the income splitting option.
  
  And besides, 'income sprinkling' is admittedly the least defensible of the three tax incentives that are targeted by Morneau.  He could have simply eliminated income sprinkling, left the other two incentives on retained earnings and capital gains alone, and have actually followed through on the promise to reduce the small business corporate tax rate.  
  
  But the optics of a broken promise, complexity, unintended consequences and limited consultation are terrible.  This may well be a wedge issue in the next election.