Author: Jane Gravelle
Publisher: Nova Publishers
ISBN: 9781590335888
Category : Business & Economics
Languages : en
Pages : 96
Book Description
This book is an overview of issues associated with the marriage penalty. The first section explains how the marriage penalty (and the marriage bonus) arises and why it is not possible to achieve simultaneously the goals of marriage neutrality and horizontal equity across families in a progressive tax system. The second section discusses the size of the marriage penalty, the bonus and importantly, the notion that the marriage penalty is not a precisely defined measure. The next section outlines the issues of equity, efficiency and simplicity that are part of the frame work for evaluating policy and the final section discusses various legislative proposals in light of these objectives. The book also estimates the effects of current tax policies on families of different types and sizes and analyses proposals to address the marriage penalty and the child tax credit. It contains a history of the development of tax provisions affecting the family.
The Marriage Tax Penalty
Author: Jane Gravelle
Publisher: Nova Publishers
ISBN: 9781590335888
Category : Business & Economics
Languages : en
Pages : 96
Book Description
This book is an overview of issues associated with the marriage penalty. The first section explains how the marriage penalty (and the marriage bonus) arises and why it is not possible to achieve simultaneously the goals of marriage neutrality and horizontal equity across families in a progressive tax system. The second section discusses the size of the marriage penalty, the bonus and importantly, the notion that the marriage penalty is not a precisely defined measure. The next section outlines the issues of equity, efficiency and simplicity that are part of the frame work for evaluating policy and the final section discusses various legislative proposals in light of these objectives. The book also estimates the effects of current tax policies on families of different types and sizes and analyses proposals to address the marriage penalty and the child tax credit. It contains a history of the development of tax provisions affecting the family.
Publisher: Nova Publishers
ISBN: 9781590335888
Category : Business & Economics
Languages : en
Pages : 96
Book Description
This book is an overview of issues associated with the marriage penalty. The first section explains how the marriage penalty (and the marriage bonus) arises and why it is not possible to achieve simultaneously the goals of marriage neutrality and horizontal equity across families in a progressive tax system. The second section discusses the size of the marriage penalty, the bonus and importantly, the notion that the marriage penalty is not a precisely defined measure. The next section outlines the issues of equity, efficiency and simplicity that are part of the frame work for evaluating policy and the final section discusses various legislative proposals in light of these objectives. The book also estimates the effects of current tax policies on families of different types and sizes and analyses proposals to address the marriage penalty and the child tax credit. It contains a history of the development of tax provisions affecting the family.
The Marriage Tax Penalty
The Marriage Tax Penalty
Marriage Penalty Tax
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally
Publisher:
ISBN:
Category : Husband and wife
Languages : en
Pages : 300
Book Description
Publisher:
ISBN:
Category : Husband and wife
Languages : en
Pages : 300
Book Description
Marriage Tax Penalty Relief Act of 2000
Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 26
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 26
Book Description
Californians and the Marriage Penalty
Author: Mark A. Ibele
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 28
Book Description
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 28
Book Description
Providing for the Consideration of H.R. 6, the Marriage Tax Penalty Relief Act
Author: United States. Congress. House. Committee on Rules
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 4
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 4
Book Description
Tax Reductions, Tax Changes, and the Marriage Penalty
Author: James Alm
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Policymakers have directed much effort towards reducing or eliminating the so-called "marriage penalty" present in the U.S. individual income tax. However, because the marriage penalty is frequently misunderstood, many suggested remedies do little to reduce the penalty, and in some cases even exacerbate it. In this paper we use the recent income tax reduction proposal of the Bush Administration to highlight some of the challenges involved in reducing the marriage penalty. Using representative couples with varying distributions of income and family structure, we contrast the marriage penalties under current tax law (as of May 2001) with those under the tax structure in the Administration's proposal. Our calculations indicate that it is certainly feasible to reduce the marriage penalty. However, our calculations also indicate that achieving this goal can be a difficult task, with tax reductions and other tax changes sometimes having unintended and unanticipated effects. In particular, the Bush tax plan does not eliminate the marriage tax, and in some cases actually makes the marriage penalty even larger than it is at present. In short, reducing marriage penalties is not as simple as reducing income taxes.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Policymakers have directed much effort towards reducing or eliminating the so-called "marriage penalty" present in the U.S. individual income tax. However, because the marriage penalty is frequently misunderstood, many suggested remedies do little to reduce the penalty, and in some cases even exacerbate it. In this paper we use the recent income tax reduction proposal of the Bush Administration to highlight some of the challenges involved in reducing the marriage penalty. Using representative couples with varying distributions of income and family structure, we contrast the marriage penalties under current tax law (as of May 2001) with those under the tax structure in the Administration's proposal. Our calculations indicate that it is certainly feasible to reduce the marriage penalty. However, our calculations also indicate that achieving this goal can be a difficult task, with tax reductions and other tax changes sometimes having unintended and unanticipated effects. In particular, the Bush tax plan does not eliminate the marriage tax, and in some cases actually makes the marriage penalty even larger than it is at present. In short, reducing marriage penalties is not as simple as reducing income taxes.
Taxes and Transfers
Author: Stacy Dickert-Conlin
Publisher:
ISBN:
Category : Income
Languages : en
Pages : 64
Book Description
Publisher:
ISBN:
Category : Income
Languages : en
Pages : 64
Book Description
The Marriage Tax Penalty
Author: Cynthia F. Gensheimer
Publisher:
ISBN:
Category : Husband and wife
Languages : en
Pages : 62
Book Description
Publisher:
ISBN:
Category : Husband and wife
Languages : en
Pages : 62
Book Description