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marriage penalty could be back in 2013 without fiscal cliff fix dec 26 2012 : The return of the so-called marriage penalty could cost many couples more than $2,000 in higher 2013 taxes if Congress doesn't get its act together and fix the fiscal cliff. As a result of the ...(CNNMoney) ---The return of the so-called marriage penalty could cost many couples more than $2,000 in higher 2013 taxes if Congress doesn't get its act together and fix the fiscal cliff.The way I see it, the marriage penalty is the govt’s way to recoup the costs of these other tax benefits. To me, the marriage penalty and related tax machinations seems to largely reward “traditional” 1950s style living (single-income, stay-at-home spouse, two kids and a mortgage).Marriage Penalties and Bonuses Matter. Marriage penalties and bonuses in the income tax code violate neutrality. An unmarried couple and a married couple with identical combined incomes may be treated differently. In addition, the penalties and bonuses could impact people’s behaviors in two ways.‘Marriage penalty’ could make costly return Mon, Dec 31st, 2012 The return of the so-called marriage penalty could cost many couples more than ,000 in higher 2013 taxes if Congress doesn’t get its act together and fix the fiscal cliff.Marriage bonuses are more common when spouses have disparate incomes. Overall, couples receiving bonuses greatly outnumber those incurring penalties. Marriage Penalties. Couples in which spouses have similar incomes are more likely to incur marriage penalties than couples in which one spouse earns most of the income, because combining incomes ...NEW YORK (CNNMoney) — The return of the so-called marriage penalty could cost many couples more than $2,000 in higher 2013 taxes if Congress doesn’t get its act together and fix the fiscal ...Avoiding The Marriage Penalty: The District’s Rate Structure May Do More Harm Than Good By Wes Rivers Most state income tax systems — and the federal income tax system — apply their tax rates differently to different family types. This is done in part to avoid a “marriage penalty” that couldPritzker ‘fair tax’ comes with marriage penalty. Gov. J.B. Pritzker is calling his $3.4 billion tax hike “fair,” but his plan comes with a hefty penalty for some Illinoisans who choose to ...Proposals and weddings are joyous events, but for the thrill of putting a ring on it can mean saying “I do” to a higher tax bill. Meet the marriage penalty.
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