Feanorcurufinwe
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Mon Oct-27-03 07:21 PM
Original message |
Should we reinstitute the marriage penalty? |
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Some candidates want to, others don't. Some posters have suggested that 'there was no marriage penalty'.
So should we reinstitute the marriage penalty? Was there such a thing? If there was no marriage penalty, what exactly did Congress do when they 'eliminated it'? That change (whatever you want to call it), should it be undone?
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leftofthedial
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Mon Oct-27-03 07:24 PM
Response to Original message |
1. marriage is enough of a penalty |
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without the gummint getting involved
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onebigbadwulf
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Mon Oct-27-03 07:32 PM
Response to Reply #1 |
2. A child penalty is better |
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Edited on Mon Oct-27-03 07:32 PM by onebigbadwulf
A child penalty after 2 kids is much better than a marriage penalty.
Unless it's adoption. Adoption credit would be awesome.
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demsrule4life
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Mon Oct-27-03 07:38 PM
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quaker bill
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Mon Oct-27-03 08:05 PM
Response to Reply #1 |
6. I know, someone had to say it. |
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If you hadn't I was going to.
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MissMarple
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Mon Oct-27-03 07:45 PM
Response to Original message |
4. So, married couples should pay more than an unmarried couple? |
liberalhistorian
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Mon Oct-27-03 07:50 PM
Response to Reply #4 |
5. Why the hell should I pay more as a single |
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just because Mr. Right hasn't come into my life yet? Singles pay a lot more taxes than many married couples; I'm a never-married single parent and I pay more taxes than friends who are married and I make less than they do!!!!!!!!!! THAT is not fair. So please spare me the river of tears over this so-called "marriage penalty!"
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Avalon Sparks
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Mon Oct-27-03 08:25 PM
Response to Reply #5 |
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I'm not sure what you're talking about.
For the last 5 years I have figured out my husband's and my taxes both ways, married, or not married and everytime we've had to pay much more married, or we get much less back. It was such a big difference a couple years ago, I suggested that we pretend to be separated~ As a married couple without kids or owning a home, we get shafted.
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leftofthedial
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Mon Oct-27-03 09:49 PM
Response to Reply #9 |
16. in fact, some people do get divorced |
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just to save money on taxes
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Yupster
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Mon Oct-27-03 08:29 PM
Response to Reply #5 |
Fixxxxer
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Mon Oct-27-03 08:37 PM
Response to Reply #5 |
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properly worded is as follows.
Should a married couple earning X in income pay more in federal income taxes than a single individual earning the same amount.
The obvoius answer (or at least it should be obvious) is no.
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Hammie
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Mon Oct-27-03 09:27 PM
Response to Reply #12 |
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Under the "marriage penalty":
A married couple earning X pays less tax than an individual earning X. But, if each member of the couple earns .5X then the married couple pays more tax than two individuals would who were each earning .5X
It is most easily seen by two income families, who find that after marriage, their total tax burden is higher than it was before marriage.
The degree to which a particular couple falls victim depends on the parity of their incomes. It is maximized when each member contributes exactly half. The marriage penalty is completely eliminated when the tax burden for a couple making X is the same or less than the tax burden for 2 individuals making .5X.
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newyawker99
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Tue Oct-28-03 06:11 AM
Response to Reply #12 |
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Edited on Tue Oct-28-03 06:13 AM by newyawker99
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Loyal
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Mon Oct-27-03 08:08 PM
Response to Original message |
7. Why shouldn't married couples pay more? |
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2 people, it's easier to take care of the kids, if you have any. With two people you generally have more income, and you typically have 2 incomes. I don't think it's unfair to have married couples pay more.
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Feanorcurufinwe
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Mon Oct-27-03 08:13 PM
Response to Reply #7 |
8. Maybe we should call it an 'unmarried bonus' instead. |
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Edited on Mon Oct-27-03 08:29 PM by Feanorcurufinwe
"Don't get married, and you'll have lower taxes."
Maybe that should be our policy.
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Fixxxxer
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Mon Oct-27-03 08:37 PM
Response to Reply #7 |
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As posted to another poster on this thread, if a married couple makes X, should they pay more than a single person earning the exact same amount? No.
And if you think they should, please tell us why?
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AP
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Mon Oct-27-03 08:27 PM
Response to Original message |
10. How but means testing it? |
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You certainly shouldn't get it if you don't need it.
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ex_jew
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Mon Oct-27-03 09:31 PM
Response to Original message |
15. I say we REWARD couple who stay married 15 or 20 years ! |
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Give them something to look forward to if they stick it out - maybe 5 or 10 thousand dollars. The savings in social services might be immense !
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DU
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Thu May 02nd 2024, 10:59 AM
Response to Original message |