Gay Married Couples Subject to the Marriage Penalty

Having just finished filing the taxes for this family unit I got to wondering how gay married couples are handling the federal marriage penalty tax. For those who aren’t familiar, the marriage penalty is a tax on those who work, make roughly the same amount of money, and are married. Since the Feds now recognize gay marriage, this means that many gay professionals who get married now find themselves subjected to the same marriage tax that their straight friends are.

USA Today has a good breakdown on the Marriage Penalty for those who aren’t familiar with it. It notes, “For a single filer, this bracket ends at an income of $89,350. If you simply doubled that number to get the top amount for joint filers, you’d see $178,700. But, unfortunately, that’s not how it works. For 2014, the 25 percent tax bracket ends at $148,850 for married couples filing jointly. Thus, they find themselves penalized for their combined income.”

I’m not sure what the history of the Marriage Penalty is, whether it was an unintended side effect as more women joined the work force or whether it was intentional. Either way one thing’s for sure: the Feds are hooked on the Marriage Penalty income and won’t be changing it anytime soon. So to all those gay DINK couples, hope the fight was worth it.

13 Comments

  1. Our Watcher’s Council Nominations – ‘Ready For Hillery’ Edition | therightplanet.com:

    […] The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  2. Our Watcher’s Council Nominations – ‘Ready For Hillery’ Edition | NoisyRoom.net:

    […] The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  3. Trevor Loudon's New Zeal Blog » Our Watcher’s Council Nominations – ‘Ready For Hillery’ Edition:

    […] The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  4. Watcher’s Council Nominatons! | www.independentsentinel.com:

    […] The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  5. Our Watcher’s Council Nominations – ‘Ready For Hillery’ Edition | askmarion:

    […] The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  6. Our Watcher’s Council Nominations – ‘Ready For Hillery’ Edition | Virginia Right!:

    […] The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  7. The Council Has Spoken – Our Watcher’s Council Results | Virginia Right!:

    […] Sixth place t with 1/3 vote –The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  8. The Council Has Spoken — Our Watcher’s Council Results | therightplanet.com:

    […] Sixth place t with 1/3 vote –The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  9. The Council Has Spoken – Our Watcher’s Council Results – 04/17/15 | NoisyRoom.net:

    […] Sixth place t with 1/3 vote – The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  10. Trevor Loudon's New Zeal Blog » The Council Has Spoken – Our Watcher’s Council Results – 04/17/15:

    […] Sixth place t with 1/3 vote – The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  11. The Council Has Spoken – Our Watcher’s Council Results | askmarion:

    […] Sixth place t with 1/3 vote –The Razor – Gay Married Couples Subject to the Marriage Penalty […]

  12. The Razor » Blog Archive » Council Submissions: April 15, 2015:

    […] Gay Married Couples Subject to the Marriage Penalty Happy Pay Your Fair Share Day […]

  13. The Razor » Blog Archive » The Council Has Spoken: April 17, 2015:

    […] Sixth place t with 1/3 vote –The Razor – Gay Married Couples Subject to the Marriage Penalty […]

Leave a comment