Abstract

Many people believe Congress enacted legislation to eliminate the Marriage Tax Penalty for low income taxpayers. This paper investigates this belief and finds though Congress has enacted legislation to reduce or eliminate the Marriage Tax Penalty, many low income taxpayers still suffer from a substantial Marriage Tax Penalty. In 2019, a married couple with two children where each spouse earned $18,000 incurred a Marriage Tax Penalty of $$3,584.00. This represents about 10% of their total income

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.