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The so-called marriage penalty, for instance, results from SSI's limit on how much someone can own in savings and assets. It's $2,000 for an individual and $3,000 for a couple.
Black married couples pay a larger marriage penalty on average than White married couples, according to a study from the Tax Policy Center. Here’s why.
Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating marriage penalties and providing more support to low- and middle-income ...
Marriage is what brings us together, but along with the matrimonial duties come legal and financial responsibilities. That includes taxes, and more specifically, a potential for a marriage tax ...
Are you getting married soon? Or have you recently exchanged vows? Amid all the wedding-related details, have you thought about your changing tax status? First, you may have heard that getting married ...
The principles of welfare reform should be reanimated. Marriage penalties within the welfare state should be substantially reduced and work requirements in welfare should be strengthened.
Both marriage penalties and bonuses are the unintended consequences of a complicated tax system that tries to balance often- conflicting goals. The combination of progressive taxation, where ...
Public policy can reward or penalize marriage, raising a natural question in the Beehive State, which considers itself to be family friendly: Do Utah policies create a marriage ...
There is no marriage penalty for couples who are each getting their own Social Security benefit.(aldomurillo / Getty Images) I frequently get questions from soon-to-be retirees who have heard ...
James J. Mahon and Samantha A. Lesser of Becker & Poliakoff discuss ways in which the state and local tax deduction (SALT) has evolved into a marriage penalty.
Black married couples pay a larger marriage penalty on average than White married couples, according to a study from the Tax Policy Center. Here’s why.