Re:The U.S. Divorce Rate Has Hit a 50-Year Low
by twox2 on Wednesday November 11, 2020 @12:43PM
(#25060640)
Funny, I've heard from multiple married friends of the "marriage tax" and how it knocks their finances all out of whack tax-wise. Some have seen the tax burden go up, and then again when getting divorced a few years later. But as for "why get married?" It's a way that people show commitment to each other.
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Re:The U.S. Divorce Rate Has Hit a 50-Year Low
by lbblack on Wednesday November 11, 2020 @01:01PM
(#25060877)
The marriage tax seems like a way for the government to get it's cut of joint filings if couples are maximizing their income relative to their inherently lower tax bracket. I'm just a kid so don't quote me but I'd be willing to wager that the IRS has figured out all sorts of ways to prevent couples from abusing their tax leverage versus when they were single. Why people get married is very different than
> Why does my relationship need to be officially registered
There could be many reasons why couples get married, and many reasons why couples get divorced.
Re:The U.S. Divorce Rate Has Hit a 50-Year Low
by lathiat on Wednesday November 11, 2020 @05:43PM
(#25063908)
Interestingly. In Australia there is 0 tax difference between being married or having been in a relationship for 6 months. It’s considered the same.
Otherwise people would never get married :)
Re:The U.S. Divorce Rate Has Hit a 50-Year Low
by topkai22 on Wednesday November 11, 2020 @06:38PM
(#25064343)
The tax reforms during the Trump administration largely eliminated the marriage tax penalty, expect for couples earning more than $600k/year. Prior to those changes, married couples would generally pay more tax in their combined income then if they filed separately. The big exception to that was there was a big difference in earnings between the partners, in which case they’d pay less overall