Volume 15, Issue 2
29
Marriage and Taxes: Who Pays?
Allen J. Rubenfield, Lecturer of Accounting, Eugene W. Stetson School of Business and Economics, Mercer University Ganesh M. Pandit, Associate Professor of Accounting, Robert B. Willumstad School of Business, Adelphi University
Abstract The Tax Policy Center states that a “marriage penalty” occurs in the tax system when a wife and husband pay more income tax filing jointly as a couple than they would if they had remained single and filed as individuals. Conversely, a “marriage bonus” occurs if a couple pays less tax filing jointly than they would if they were not married and filed single.1 (TPC)
1.
http://www.taxpolicycenter.org/briefing-book/what-are-marriage-penalties-and-bonuses