Tom McClusky—‘Fiscal cliff’ deal penalizes married couples

Posted by Kendall Harmon

On top of the possible employment losses, what messages are we sending when the government penalizes marriage at any level? One message is clear. The decision by Congress to impose a marriage penalty only discourages couples from getting married and subsidizes cohabiting households. The Marriage and Religion Research Institute studies the social science data and research on the impacts of marriage and religious practice on the lives of children and the future of the nation. Statistics show that homes headed by married couples are less likely to need government assistance. Analyzing the data, they have found that children in homes headed by married couples are more likely to be higher-achieving students and better citizens, and are less likely to become dependent on the failing government subsidy system.

Add in the higher taxes (an average of $2,425 per employee) from the 2 percent tax increase in everyone’s paychecks to pay for Social Security and the myriad tax increases all families will pay thanks to the malady known as Obamacare, and it is likely that families will end this year with their own personal fiscal cliffs. If Congress is serious about tax reform, easing the burdens on all families should be at the center of any transformation.

Read it all.

Filed under: * Culture-WatchMarriage & Family* Economics, PoliticsEconomyPersonal FinanceTaxesThe U.S. GovernmentPolitics in GeneralCity GovernmentOffice of the PresidentSenate* TheologyEthics / Moral Theology

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Posted January 11, 2013 at 6:00 am [Printer Friendly] [Print w/ comments]
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