--- title: "Meaning & Key Takeaway of: Income splitting is not a wise investment…" description: "\"Income splitting is not a wise investment for Canadians.\" — Justin Trudeau" image: "https://sms4smile.com/quotes/i/227/justin-trudeau-1727_canadians_income-splitting-is-not-a-wise-investmen_2573796.jpg" --- # Income splitting is not a wise investment for Canadians. ![“Income splitting is not a wise investment for Canadians.” quote by Justin Trudeau](https://sms4smile.com/quotes/i/227/justin-trudeau-1727_canadians_income-splitting-is-not-a-wise-investmen_2573796.jpg) [Download](https://sms4smile.com/quotes/i/227/justin-trudeau-1727_canadians_income-splitting-is-not-a-wise-investmen_2573796.jpg) [Open image](https://sms4smile.com/quotes/i/227/justin-trudeau-1727_canadians_income-splitting-is-not-a-wise-investmen_2573796.jpg) > “Income splitting is not a wise investment for Canadians.” [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Income splitting reduces progress progress and can create inequities, making it a poor investment for most Canadians. **In simple terms:** Splitting income often harms fairness and efficiency. Key Takeaway Avoid income splitting for better tax fairness. Themes tax policy fairness efficiency investment Canada Mood critical analytical Type policy financial When to use this quote - personal budgeting - family tax planning - government budgeting - policy reform Key Concepts progressive taxation wealth distribution public finance Questions to Reflect On - Is tax fairness more important than individual savings? - How could policy be restructured for equity? A Different Perspective May benefit high earners but not average households. ★ ★ ★ ★ ★ No ratings yet [Canadians](https://sms4smile.com/quotes/about/canadians/) [Income Splitting](https://sms4smile.com/quotes/about/income-splitting-1716516/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Investment Canadians](https://sms4smile.com/quotes/about/investment-canadians-1716517/) [Splitting](https://sms4smile.com/quotes/about/splitting/) [Splitting Wise](https://sms4smile.com/quotes/about/splitting-wise-1716518/) [Wisdom](https://sms4smile.com/quotes/about/wisdom/) [Wise](https://sms4smile.com/quotes/about/wise/) [Wise Investment](https://sms4smile.com/quotes/about/wise-investment-1716519/) ## Related quotes > [Income splitting benefits only fifteen per cent, mostly the wealthiest Canadians, but it's paid for by everyone.](https://sms4smile.com/quotes/justin-trudeau/income-splitting-benefits-only-fifteen-per-cent-mostly-the-wealthiest/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Income splitting is a cynical policy, designed by a tired government short on ideas, now reheating old concoctions as their next campaign policy menu.](https://sms4smile.com/quotes/justin-trudeau/income-splitting-is-a-cynical-policy-designed-by-a-tired-government/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [If you are ideologically opposed to income splitting for families, why wouldn't you scrap it for seniors? What is the distinguishing principle between income…](https://sms4smile.com/quotes/pierre-poilievre/if-you-are-ideologically-opposed-to-income-splitting-for-families-why/) [Pierre Poilievre](https://sms4smile.com/quotes/author/pierre-poilievre/) > [So having a little more of an awareness of what's going on in the rest of the world I think is what many Canadians…](https://sms4smile.com/quotes/justin-trudeau/so-having-a-little-more-of-an-awareness-of-what-s-going-on-in-the/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [I think that Canadians in general very much understand... that we need to engage in the world and stand up for human rights.](https://sms4smile.com/quotes/justin-trudeau/i-think-that-canadians-in-general-very-much-understand-that-we-need/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [I'm not going to reduce the choices of Canadians at the ballot box by backroom deals or secret arrangements. I think that's a cause…](https://sms4smile.com/quotes/justin-trudeau/i-m-not-going-to-reduce-the-choices-of-canadians-at-the-ballot-box-by/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [I trust Canadians' capacity to determine who will sit in their Parliament.](https://sms4smile.com/quotes/justin-trudeau/i-trust-canadians-capacity-to-determine-who-will-sit-in-their/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [I have spent an awful lot of time listening to Canadians, learning from them, working with them.](https://sms4smile.com/quotes/justin-trudeau/i-have-spent-an-awful-lot-of-time-listening-to-canadians-learning/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [The fact is we're always going to be interwoven with the American economy, and that's why it's important to have a good, strong, constructive…](https://sms4smile.com/quotes/justin-trudeau/the-fact-is-we-re-always-going-to-be-interwoven-with-the-american/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Canadians are nice and polite. It's not just a stereotype.](https://sms4smile.com/quotes/justin-trudeau/canadians-are-nice-and-polite-it-s-not-just-a-stereotype/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Canadians are tired of being cynical.](https://sms4smile.com/quotes/justin-trudeau/canadians-are-tired-of-being-cynical/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Canadians need a plan for jobs and growth.](https://sms4smile.com/quotes/justin-trudeau/canadians-need-a-plan-for-jobs-and-growth/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [In regards to the United States, Canadians expect me to stand up for our values and defend our interests and to have a constructive…](https://sms4smile.com/quotes/justin-trudeau/in-regards-to-the-united-states-canadians-expect-me-to-stand-up-for/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [One of the reasons why Canadians are generally positively inclined towards immigration is we've seen over decades, over generations, that it works.](https://sms4smile.com/quotes/justin-trudeau/one-of-the-reasons-why-canadians-are-generally-positively-inclined/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [There could be some compromise, but I think we have to stick to the provisions of the treaty, and the provisions of the treaty…](https://sms4smile.com/quotes/jacques-santer/there-could-be-some-compromise-but-i-think-we-have-to-stick-to-the/) [Jacques Santer](https://sms4smile.com/quotes/author/jacques-santer/) ## More by Justin Trudeau > [I think Canadians want to get a feel for the people who will serve them... and, for me, I think that Canadians will trust…](https://sms4smile.com/quotes/justin-trudeau/i-think-canadians-want-to-get-a-feel-for-the-people-who-will-serve/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Angela Merkel has been focused on the right things. She has focused on the interests of her citizens - and not just in a…](https://sms4smile.com/quotes/justin-trudeau/angela-merkel-has-been-focused-on-the-right-things-she-has-focused-on/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [It's important that people understand who I am and where I come from and not just have it shaped by purely political discourse.](https://sms4smile.com/quotes/justin-trudeau/it-s-important-that-people-understand-who-i-am-and-where-i-come-from/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [If Rob Ford decided he wanted to run for the Liberal Party in 2015, we'd say, 'No, sorry, the way you approach things, the…](https://sms4smile.com/quotes/justin-trudeau/if-rob-ford-decided-he-wanted-to-run-for-the-liberal-party-in-2015-we/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Canadians want to elect good people to be their voice in Ottawa.](https://sms4smile.com/quotes/justin-trudeau/canadians-want-to-elect-good-people-to-be-their-voice-in-ottawa/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [I think Canadians are tired of politicians that are spun and scripted within an inch of their life, people who are too afraid of…](https://sms4smile.com/quotes/justin-trudeau/i-think-canadians-are-tired-of-politicians-that-are-spun-and-scripted/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [I don't feel that I or Canada has to prove anything through big, loud, overt acts.](https://sms4smile.com/quotes/justin-trudeau/i-don-t-feel-that-i-or-canada-has-to-prove-anything-through-big-loud/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [We should have a good working friendship with the United States.](https://sms4smile.com/quotes/justin-trudeau/we-should-have-a-good-working-friendship-with-the-united-states/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [We went through a long phase where we defined ourselves in opposition to other people and other countries.](https://sms4smile.com/quotes/justin-trudeau/we-went-through-a-long-phase-where-we-defined-ourselves-in-opposition/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [One of the jokes among our family was that whenever Dad went to the movies, he insisted on getting his senior citizen's discount. It…](https://sms4smile.com/quotes/justin-trudeau/one-of-the-jokes-among-our-family-was-that-whenever-dad-went-to-the/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [At one point, people are going to have to realize that maybe I know what I'm doing.](https://sms4smile.com/quotes/justin-trudeau/at-one-point-people-are-going-to-have-to-realize-that-maybe-i-know/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Canada has no closer friend, partner, and ally than the United States. We look forward to working very closely with President-elect Trump, his administration,…](https://sms4smile.com/quotes/justin-trudeau/canada-has-no-closer-friend-partner-and-ally-than-the-united-states/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Any time you have a competitive situation like politics is, there are winners, and there are people who don't win, and their supporters can…](https://sms4smile.com/quotes/justin-trudeau/any-time-you-have-a-competitive-situation-like-politics-is-there-are/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [Canada's extraordinary success is that we have bound together a vast country with a set of shared ideas and beliefs.](https://sms4smile.com/quotes/justin-trudeau/canada-s-extraordinary-success-is-that-we-have-bound-together-a-vast/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [I think Canadians have always been interested in the choices Americans make because the choices you make inevitably impact upon us... and how we…](https://sms4smile.com/quotes/justin-trudeau/i-think-canadians-have-always-been-interested-in-the-choices/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) [Explore all 212 Justin Trudeau quotes ](https://sms4smile.com/quotes/author/justin-trudeau/) ## More Canadians quotes > [Canadians are very proud of me, of my career.](https://sms4smile.com/quotes/karen-kain/canadians-are-very-proud-of-me-of-my-career/) [Karen Kain](https://sms4smile.com/quotes/author/karen-kain/) > [In specific terms I don't think I could make any suggestions, but in general terms I believe that it is because Canadians have been…](https://sms4smile.com/quotes/pierre-trudeau/in-specific-terms-i-don-t-think-i-could-make-any-suggestions-but-in/) [Pierre Trudeau](https://sms4smile.com/quotes/author/pierre-trudeau/) > [Trust the Canadians to produce a game about mutual funds that is actually more boring than the real thing.](https://sms4smile.com/quotes/alex-berenson/trust-the-canadians-to-produce-a-game-about-mutual-funds-that-is/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [One of the reasons why Canadians are generally positively inclined towards immigration is we've seen over decades, over generations, that it works.](https://sms4smile.com/quotes/justin-trudeau/one-of-the-reasons-why-canadians-are-generally-positively-inclined/) [Justin Trudeau](https://sms4smile.com/quotes/author/justin-trudeau/) > [I especially worry about the ways Canadians can be glib about our supposed difference from the US in our "acceptance" of "diversity."](https://sms4smile.com/quotes/vivek-shraya/i-especially-worry-about-the-ways-canadians-can-be-glib-about-our/) [Vivek Shraya](https://sms4smile.com/quotes/author/vivek-shraya/) > [I am saying to Canadians, there is no climate emergency in this country.](https://sms4smile.com/quotes/maxime-bernier/i-am-saying-to-canadians-there-is-no-climate-emergency-in-this-country/) [Maxime Bernier](https://sms4smile.com/quotes/author/maxime-bernier/) > [When I was a kid, I didn't know Canadians could be actors. I thought just Americans could get acting jobs.](https://sms4smile.com/quotes/carrie-anne-moss/when-i-was-a-kid-i-didn-t-know-canadians-could-be-actors-i-thought/) [Carrie-Anne Moss](https://sms4smile.com/quotes/author/carrie-anne-moss/) > [Canadians are the best, they're the best.](https://sms4smile.com/quotes/brody-jenner/canadians-are-the-best-they-re-the-best/) [Brody Jenner](https://sms4smile.com/quotes/author/brody-jenner/) > [In America it's all, 'I'm gonna make something of myself, leave my tiny town and go to L.A!' Canadians are like, 'I'm gonna make…](https://sms4smile.com/quotes/evan-goldberg/in-america-it-s-all-i-m-gonna-make-something-of-myself-leave-my-tiny/) [Evan Goldberg](https://sms4smile.com/quotes/author/evan-goldberg/) > [Canadians should be free to make the financial decisions that they believe are best for them.](https://sms4smile.com/quotes/leslyn-lewis/canadians-should-be-free-to-make-the-financial-decisions-that-they/) [Leslyn Lewis](https://sms4smile.com/quotes/author/leslyn-lewis/) > [Canadians want to know that our trade with the United States will continue and that we won't get into any kind of trade war…](https://sms4smile.com/quotes/rick-mercer/canadians-want-to-know-that-our-trade-with-the-united-states-will/) [Rick Mercer](https://sms4smile.com/quotes/author/rick-mercer/) > [If the general attitude of Canadians toward their mighty neighbor to the south could be distilled into a single phrase, that phrase would probably…](https://sms4smile.com/quotes/bruce-mccall/if-the-general-attitude-of-canadians-toward-their-mighty-neighbor-to/) [Bruce McCall](https://sms4smile.com/quotes/author/bruce-mccall/) > [“It may interest for you to know that most Canadians in 2036 are some of the most efficient, ruthless and dangerous people I know.…](https://sms4smile.com/quotes/john-titor-foundation/it-may-interest-for-you-to-know-that-most-canadians-in-2036-are-some/) [John Titor Foundation](https://sms4smile.com/quotes/author/john-titor-foundation/) > [Canadians have an abiding interest in surprising those Americans who have historically made little effort to learn about their neighbour to the North.](https://sms4smile.com/quotes/peter-jennings/canadians-have-an-abiding-interest-in-surprising-those-americans-who/) [Peter Jennings](https://sms4smile.com/quotes/author/peter-jennings/) > [We need to reach out to more Canadians to show them that they could see themselves reflected in our party.](https://sms4smile.com/quotes/erin-o-toole/we-need-to-reach-out-to-more-canadians-to-show-them-that-they-could/) [Erin O'Toole](https://sms4smile.com/quotes/author/erin-o-toole/) [Browse all 176 Canadians quotes ](https://sms4smile.com/quotes/about/canadians/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Income splitting is not a wise investment for Canadians.", "creator": { "@type": "Person", "name": "Justin Trudeau" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/justin-trudeau/income-splitting-is-not-a-wise-investment-for-canadians/", "about": { "@type": "Thing", "name": "Canadians" }, "@id": "https://sms4smile.com/quotes/justin-trudeau/income-splitting-is-not-a-wise-investment-for-canadians/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/227/justin-trudeau-1727_canadians_income-splitting-is-not-a-wise-investmen_2573796.jpg", "contentUrl": "https://sms4smile.com/quotes/i/227/justin-trudeau-1727_canadians_income-splitting-is-not-a-wise-investmen_2573796.jpg", "url": "https://sms4smile.com/quotes/i/227/justin-trudeau-1727_canadians_income-splitting-is-not-a-wise-investmen_2573796.jpg", "width": 1080, "height": 1080, "caption": "“Income splitting is not a wise investment for Canadians.” — Justin Trudeau", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Justin Trudeau", "item": "https://sms4smile.com/quotes/author/justin-trudeau/" }, { "@type": "ListItem", "position": 4, "name": "Income splitting is not a wise...", "item": "https://sms4smile.com/quotes/justin-trudeau/income-splitting-is-not-a-wise-investment-for-canadians/" } ], "@id": "https://sms4smile.com/quotes/justin-trudeau/income-splitting-is-not-a-wise-investment-for-canadians/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```