That’s because the so-called “marriage penalty” may have just gotten larger ... which contains the Department of Treasury’s tax-related proposal for the Biden administration, is a proposal ...
The dreaded marriage penalty used to be more of a tax liability than a tax benefit. This is when the combination of incomes for spouses who earn similar incomes would elevate them into a higher ...
So what can and should be done? When it comes to public policy, one way government can help is by eliminating the marriage penalty. That’s the part of the tax code where two people are taxed ...
The breakdown of marriage is one of the greatest drivers of child poverty. Policymakers should eliminate the penalties for marriage in the welfare system. The rate at which marriage reduces the ...
In the hierarchy of stressful life events, losing a spouse consistently ranks as the most traumatic crisis most individuals will ever experience. It’s not uncommon for widows and widowers to ...
Since the Budget, tax advisers told The i Paper more of their clients are asking their partners if they should get married to avoid a tax bill ...