Well,
The House passed the Marriage Penalty-Child Tax Credit portion of Bush's tax
plan. However, they made one major modification which was to allow parents
who pay no income taxes to qualify for the child tax credit up to the point
they pay social security taxes. It also applied some
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
HalfthePlanet.com News Flash August 10, 2000
The Marriage Penalty: What You Need to Know
By Barbara Waxman Fiduccia
Exclusive to HalfthePlanet.com
Are you a person with a disability and about to get married?
Before waltzing down the aisle, keep this in mind If you have
The Biggest Marriage Tax Is the Hardest One to Solve
Though not as often discussed, the biggest "marriage penalty" of all
clearly stems from the "earned-income tax credit." This tax rebate for
lower income working families is computed and phased down exactly the sam
from Scott Shuger's SLATE "Today's Papers" column:
The NYT quotes a Treasury Dept. finding lending much perspective to the
marriage penalty discussion: according to the latest available figures,
nearly the same number of people pay [get?] a marriage bonus (21 million
joint retur
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 cred
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
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
