Quantcast My Spouse Is Worth How Much?
Search by tag or site Login to my blog ? Start my own blog














TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

Canajun Finances

My personal views and rants on home finances with a Canadian Perspective

My Spouse Is Worth How Much?

Posted on 01/29/2007 13:58 PM | Link | Post Comment
So, we now have figured out that the Government of Canada thinks little of the "traditional family" (IMHO), so let's just ask another interesting question.

How much is the work that my spouse (who stays at home and WORKS) worth in the eyes of the government? That's a darn good question. If we go back to our happy calculations from our last set of Blogs:
  1. Assume an income of $100K (yes, I keep choosing that number because it is easy for me)
  2. All we need to compare is the income of a Single Person that makes $100K and someone with a spouse, right?
  3. Assume this is Ontario (the good) of course.
Well if we look at how much a single person (who doesn't do anything with their money except LIVE), the would pay approximately: $29,952.00 That is a lot of money, no matter how you slice it eh?

OK, if we now look at a married couple where one spouse makes $100K and their spouse or live in partner do not have enough income for the Tax folks to notice, they would pay: $28,219.00 So this says to me (and I could be mistaken), that my spouse who works very hard at home is worth: $1733.00

That is real money too guys (i.e. it's money you aren't paying in Tax, so it is REAL money). If I get paid every two weeks, that means my spouse is worth $66.00 per pay cheque.

That is not fair, now is it? My spouse's labors to take care of our kids, the house and keep me from killing myself is worth $66.00 every two weeks? NO! That is not right.

Again my numbers are thanks to our friends at Quicktax.

Stock Quote or
Examples
ATM Wallstreet - Tue Jul 08, 2008 02:28PM
Why I traded the stock ME today. I had it on my list fr [read more]
Morpheus Trading - Thu Jul 03, 2008 07:49AM
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Sun Jul 06, 2008 11:00PM
NOTE: Please click on the charts below to enlarge them if [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.