Let's talk about income sprinkling...
If you have a pension plan you can SPLIT it with your partner into a lower tax bracket, but if a small business owner/physician does it Trudeau calls it SPRINKLING. Why?
So if you have a pension valued at $40,000 and are retired at 55 after working for the government you can SPRINKLE/SPLIT you income with your partner so you're taxed at $20,000 each...not to mention that the actuarial value of this pension will cost you almost $1,000,000. Good luck saving up for that with Gov Canada 10 year bonds paying 2% interest! Then subtract 2% annual inflation!
And what about couples that are divorced? Did you know that alimony is a SPRINKLING thing too? Yes, that's right. A person earning $200,000 per year who has to pay alimony will be taxed at a rate of $100,000 per partner PLUS they get double the RRSP room!!
Maybe it's time we start looking at household income for ALL CANADIANS and stop allowing politicians to strategically buy votes with our money!