[quote=scaredyclassic]
marriage tax penalty is the phrase, not singles tax penalty. many marrieds would do better divorced, taxwise[/quote]
what I meant was that married people share a lot of expenses and on top of it earn double the income so they don’t need that much relief.
Both Singles and Married people have fixed costs, adding an additional person to a household does not result in doubling of the cost but it’s a fractional increment. Deductions and exemptions are meant to offset some of the costs of living, by this argument yes, there is no penalty, it’s fair. $260k or 30% higher than a single sounds about right.
