Marriage Penalty: Government taxes $33,356 just because couple decides to get married
Posted on January 17, 2013 at 10:38 AM EST
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 [...]