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Re: "The Cut Cut Cut! Act" (Tax Reform) [torrey]
Yes, but the 401K deduction allows married couples to deduct 48K/year (over 50 years old), which is a single income earner penalty. This stuff is embedded everywhere. Additionally "Marriage penalty" would be far more accurately termed "two income family penalty". a single income earner gets a huge tax benefit by hitching up.
Last edited by: oldandslow: Nov 3, 17 9:11

Edit Log:

  • Post edited by oldandslow (Dawson Saddle) on Nov 3, 17 9:11