On Fri, 30 Mar 2001 06:20:44 -0500, Nathan Newman wrote:
As a number of conservatives have noted, we are reaching the point where a
majority of families will be paying no income taxes at all. This is
actually quite positive, since any appeals to cut all taxes "X percent" will
have no even
what do pen-l's tax wonks think of the alleged "marriage penalty" of the US
tax system? (Forget the GOP plan. It won't go anywhere.)
I'd be interested to know the income brackets that are getting nailed. I
know that if you're low income and collecting the earned income tax credit
getting
I wrote this about it two yrs ago.
http://www.prospect.org/columns/sawicky/sa980723.html
JD:
what do pen-l's tax wonks think of the alleged "marriage penalty" of the US
tax system? (Forget the GOP plan. It won't go anywhere.)
The 'bonus' can be misconstrued. Those whose taxes
fall by
The penalty is not getting married per se,
but marrying and setting work arrangements
such that joint income exceeds the income
of the beneficiary family(s).
The phase-out for a family (married or no)
with children starts at $12,500 and ends
between $26K and $30K. So insofar as your
combined
