{"id":981,"date":"2007-01-24T14:17:08","date_gmt":"2007-01-24T21:17:08","guid":{"rendered":"http:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/"},"modified":"2007-01-24T14:17:08","modified_gmt":"2007-01-24T21:17:08","slug":"income-splitting","status":"publish","type":"post","link":"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/","title":{"rendered":"Income Splitting"},"content":{"rendered":"<p>Some countries allow income splitting when a couple files their tax returns. The idea is that the higher wage earner basically transfers some of his\/her income to the lowest wage earner and hopefully drops into a lower tax bracket. This ultimately means the higher wage earner pays less taxes.<\/p>\n<p>The downside is that such a practise is unfair to single wage earners and may discourage some people from entering the workforce (so their partner can pay less taxes).<\/p>\n<p>How do you feel about income splitting?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some countries allow income splitting when a couple files their tax returns. The idea is that the higher wage earner &hellip; <a href=\"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Income Splitting<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92],"tags":[],"class_list":["post-981","post","type-post","status-publish","format-standard","hentry","category-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Income Splitting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Income Splitting\" \/>\n<meta property=\"og:description\" content=\"Some countries allow income splitting when a couple files their tax returns. The idea is that the higher wage earner &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/\" \/>\n<meta property=\"og:site_name\" content=\"Our Thoughts\" \/>\n<meta property=\"article:published_time\" content=\"2007-01-24T21:17:08+00:00\" \/>\n<meta name=\"author\" content=\"Kim Siever\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kim Siever\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/\",\"url\":\"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/\",\"name\":\"Income Splitting\",\"isPartOf\":{\"@id\":\"https:\/\/www.ourthoughts.ca\/#website\"},\"datePublished\":\"2007-01-24T21:17:08+00:00\",\"dateModified\":\"2007-01-24T21:17:08+00:00\",\"author\":{\"@id\":\"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/99e996edc89affe5206808d3f65869d1\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ourthoughts.ca\/#website\",\"url\":\"https:\/\/www.ourthoughts.ca\/\",\"name\":\"Our Thoughts\",\"description\":\"Thought-provoking commentary on life, politics, religion and social issues.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ourthoughts.ca\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/99e996edc89affe5206808d3f65869d1\",\"name\":\"Kim Siever\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/417c7b5f55d329bdd0f64ef4396831db?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/417c7b5f55d329bdd0f64ef4396831db?s=96&d=mm&r=g\",\"caption\":\"Kim Siever\"},\"description\":\"Queer Mormon poet with radical political views. 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The idea is that the higher wage earner &hellip;","og_url":"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/","og_site_name":"Our Thoughts","article_published_time":"2007-01-24T21:17:08+00:00","author":"Kim Siever","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kim Siever"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/","url":"https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/","name":"Income Splitting","isPartOf":{"@id":"https:\/\/www.ourthoughts.ca\/#website"},"datePublished":"2007-01-24T21:17:08+00:00","dateModified":"2007-01-24T21:17:08+00:00","author":{"@id":"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/99e996edc89affe5206808d3f65869d1"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ourthoughts.ca\/2007\/01\/24\/income-splitting\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ourthoughts.ca\/#website","url":"https:\/\/www.ourthoughts.ca\/","name":"Our Thoughts","description":"Thought-provoking commentary on life, politics, religion and social issues.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ourthoughts.ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/99e996edc89affe5206808d3f65869d1","name":"Kim Siever","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/417c7b5f55d329bdd0f64ef4396831db?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/417c7b5f55d329bdd0f64ef4396831db?s=96&d=mm&r=g","caption":"Kim Siever"},"description":"Queer Mormon poet with radical political views. 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