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The Marriage Tax Debate Gains Steam in Congress
The marriage tax burdens couples filing jointly, costing thousands compared with separate filings. Angela and David Boyter of Maryland highlight the issue after multiple divorces for tax breaks. Bills by Senators Mathias and Gravet and Representative Fisher aim to loosen or remove the penalty, with Treasury estimates ranging from billions in potential revenue changes.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Congress
Angela
Baltimore
IRS
Mathias
Charles McC. Mathias
D-Md
Senate
Millicent Fenwick
R-N.j
House of Representatives
Senate Finance Committee
House
Ways and Means Committee