Marriage Penalty: Government taxes $33,356 just because couple decides to get married
BY DAVID JOHN MAROTTA In “New Year’s Resolutions for the Country” I wrote: Revenue is maximized by an economic freedom that encourages as much free enterprise as possible coupled with a flat tax. The current legislative compromise punishes married couples who are both productive. Spouses who each earn $250,000 with an additional $100,000 in capital gains will pay about $27,000 more than [...]
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