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Originally posted by JustAnotherHologram
I was talking to a girlfriend of mine and we were wondering why the U.S. government provides special benifits to married couples (vs. single people), such as tax breaks. Why do you have to be married and not just commited? Does anyone know of good links to read about this or have any information they could share?
Originally posted by BlackJackal
Actually being married is a penalty for 40% of married couples.
Here is how it works:
If a man and woman, each making $60,000, fall in love and marry, they will be pushed into a higher tax bracket. The $120,000 couple will pay a higher rate than the two singles would have
Originally posted by RANT
[And half the mortgage/rent/utilities/ and insurance as single people. But look at it this way, gay and childless people still pay taxes to educate and jail the obnoxious brats of marrieds.
The married "penalty" is overblown. Single people without that magic dual income rarely can buy a house and take all those payments off taxes. There's a very real single/poor tax penalty in effect applied to people that pay a landlord as opposed to a bank.
Originally posted by Gazrok
Family is the backbone of society. You must have a good solid family foundation to have a good society. I believe that this is the foundation for why there are certain tax breaks for married couples.