About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 Amir El-Sibaie, Marriage Penalties and Bonuses under the Tax Cuts and Jobs Act 1 (2018)

handle is hein.taxfoundation/margpnbo0001 and id is 1 raw text is: Marriage Penalties and Bonuses under the Tax Cuts and Jobs Act FISCAL FACT Amir EI-Sibaie No. 573 Analyst Feb. 2018 Key Findings * A marriage penalty or bonus is the change in a couple's total tax bill as a result of getting married and thus filing their taxes jointly. * Marriage bonuses typically occur when two individuals with disparate incomes marry. * Marriage penalties occur when two individuals with equal incomes marry; this is true for both high- and low-income couples. * Marriage bonuses can be as high as 21 percent of a couple's income, and marriage penalties can be as high as 12 percent of a couple's income. * While research shows that marriage penalties and bonuses do not have much effect on whether a couple will marry, they do impact how much each spouse works. * It is possible to completely eliminate both marriage penalties and bonuses, but it would require a significant overhaul of the tax code that drastically changes the current distribution of income taxes paid. The Tax Foundation is the nation's leading independent tax policy research organization. Since 1937, our research, analysis, and experts have informed smarter tax policy at the federal, state, and local levels. We are a 501(c)(3) nonprofit organization. @2018 Tax Foundation Distributed under Creative Commons CC-BY NC 4.0 Editor, Rachel Shuster Designer, Dan Carvajal Tax Foundation 1325 G Street, NW, Suite 950 Washington, DC 20005 202.464.6200 taxfoundation.org

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most