International Journal of Accounting and Taxation

The Marriage Tax Penalty in 2015
Weldon Terry Dancer

Abstract
Many people believe Congress enacted legislation to eliminate the Marriage Tax Penalty for low income taxpayers. This paper investigates this belief and finds though Congress has enacted legislation to reduce or eliminate the Marriage Tax Penalty, many low income taxpayers still suffer from a substantial Marriage Tax Penalty. In 2015, a married couple with two children where each spouse earned $18,000 incurred a Marriage Tax Penalty of $4,366, a penalty more than $1,000 greater than a similar couple earning $120,000.

Full Text: PDF     DOI: 10.15640/ijat.v4n2a1