Income splitting allows a high earning spouse to transfer up to $50k of income to the lower earning spouse, so it’s taxed at a lower bracket.
@3RZWZJ83yrs3Y
Income splitting discriminates against single parent families
@4L9JMLL3yrs3Y
Yes, but bar income splitting if both spouses make over $75k annually
@9L879BPConservative4wks4W
Yes, and married couples should save money on their taxes and receive benefits per child if their is a stay at home parent.
@9DJVGVY 8mos8MO
Yes, but the money transferred over should be taxed at the same rate from who transferred it
@9CPNDNS10mos10MO
I feel like it depends on every family's situation.
@93CSFRDNew Democratic2yrs2Y
Yes to some extent, it is beneficial in some circumstances, but unfair to those with low income families
@92NSVSP2yrs2Y
I can see why it's done, as the government isn't made of money, but I could see this being detrimental to women trying to leave abusive situations.
@8YYMTXP2yrs2Y
Yes, and abolish income tax
@8VCNQDW3yrs3Y
Yes only if it does negative effect families
@9FD7JXT7mos7MO
Not knowledgable on this subject.
@9F5KMPV8mos8MO
Less taxes means less of a burden for families.
@9DW7GRS8mos8MO
eliminate tax on income and base the tax on financial transactions; dollar changes hands, percentage is sent to government.
@9CMY5KJ10mos10MO
Regardless, all taxes should be shifted to a land value tax
@9BJY9J41yr1Y
Yes, only for wealthy familles
@9B7QYB31yr1Y
yes and families earning 200,000.00 dollars or less should have a tax cap % of 25.
@99WWQ7M1yr1Y
@99WJQKQ1yr1Y
It should be their choice
@98B4VMH1yr1Y
No, each person's income should be taxed based on their earnings.
why would i care even? who the hell cares do whatever you want. jeez
@96YCWJC1yr1Y
It depends on how much is being made on either side
@96QWKXF2yrs2Y
Yes, but end income tax
@96QW3ZW2yrs2Y
End income tax. Taxation is theft.
@96LZ6W7New Democratic2yrs2Y
Yes, but the higher earning spouse should not go to the other spouse but the child directly.
@93WL6VF2yrs2Y
Yes, but income splitting needs to be well regulated.
@8V8LQD4New Democratic3yrs3Y
Yes family income splitting should be allow since the government wants to encourage stay at home parents and not provide universal child care subsidy to everyone not just low income.
@8K222LS4yrs4Y
no limit should be applied
@8V84Y2B3yrs3Y
Not enough knowledge on subject
Deleted3yrs3Y
Yes, but only if it results in tax discounts/refunds
@kuyugomodiLiberal4yrs4Y
Depending on the circumstances because everyone is different
@9D5HV3N9mos9MO
Every Canadian citizen of voting age should be taxed at the exact same rate.
No, I support a change to the tax system and code which would render individuals and families untaxed. The Corporate Royalty.
@3FDLRJN3yrs3Y
No, it benefits wealthly mostly.
@3FDL53G3yrs3Y
No, income splitting does not help families where both spouses make similar wages. It's helps the weathy more
@3FBQBND3yrs3Y
No. Income splitting is unfair to those who do not have children.
@3F8NK5J3yrs3Y
I'm a single parent, one low income in this household. This doesn't not benefit the thousands of people who are in the same situation, we are the one's who could use help.
@3F557MG3yrs3Y
yes but only if there are children. Otherwise, living costs are actually higher for single people, so we don't need to reduce taxes for childless couples.
@3F4G8Q93yrs3Y
No, even Harper's finance minister disagreed, saying it benefited only a small wealthy minority of families
@3F48NYCConservative3yrs3Y
Yes. We are a married couple, 2 kids, single income. It helps. After taxes my husbands income is not that much to survive on.
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