We have seen now that the Publics (John Q. , Jane and the kids) pay less income tax if their family income was spread out between the two of them, and the amount of the… Read More »My Spouse is Worth How Much: Final Thoughts
We continue to try to figure out how much a spouse is worth in the eyes of the CRA. So the Publics (Jane and her spouse John Q.) have a good life and an above… Read More »My Spouse is Worth How Much: Simple Math Analysis
In this series, My Spouse is worth how much, we have looked at what John and Jane Q. Public’s taxes were like if they both had equal paying jobs, but today we look at what… Read More »My Spouse is Worth How Much: Single Income
I guess this should say my Spouse is Worth How Much?!? Single Income families in Canada do not seem to get many breaks by the CRA.
Income Splitting in Canada really only happens if you are on pensions, every time folks talk about it folks say it is only for the rich?
