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Originally Posted by Ironhorse
So my wife became a stay at home mom. From a taxation standpoint, this puts me at a severe disadvantage. I am taxed in a high tax bracket, and I cannot a) claim any "childcare expenses" or b) split my income with my wife. I am punished for wanting to raise my child in the best way that I see fit.
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From what I recall hearing about the Conservatives' plan; it would allow you to split your income with your wife. Not sure if you can only direct a certain amount, or if you have to split it 50/50.