Abby McCloskey: If you tax something, you get less of it. That’s true for marriage too. Marriage rates among low-income mothers - the most impacted by the...
Leave it to the government to discourage marriage. Especially when marriage rates are already cratering.
The result? Well, you’ve heard the adage, if you tax something, you get less of it. That’s true for work, pollution, cigarettes and, yes, it’s true for marriage. Marriage rates among low-income mothers — the most impacted by the marriage tax — would be 14% higher, according to the Federal Reserve, if marriage penalties were eliminated. That’s a huge number, representing millions of marriages.
But marriage isn’t the only thing impacted by how we’ve chosen to calculate taxes. Having two earners in a married household is also discouraged. This despite the majority of married households having two earners in them for the last half-a-century, as the Manhattan Institute’s Robert VerBruggen points out in a forthcoming paper, which I was able to preview. In contrast, single-earner married households might actually experience a marriage benefit.
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