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Reply to "It's time to legalize polygamy..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Muslima] If the legal standard for a legitimate relationship is consenting adults, there's no reason polygamy should be illegal. [b]Tax-wise, however, it would be a nightmare . Our tax system is predicated on monogamy for child credits[/b], spousal benefits, income adjustments etc, so I don't see it happening any time soon. In the Muslim community, I know of some polygamous marriages & was just announced one a few days ago, the issue with those marriages in the US is that the 2nd/3rd/xnth wife doesn't have any legal rights which gives her little to zero protection in case of divorce, abuse ect. and this creates other socio-economic issues as well.[/quote] You already can't double dip on child credits can you? Like if your married and filing separately both spouses can't take full child credit can they? If not, it would be the same if you had 5 spouse, only one can claim credit for a given child.[/quote] [b]Multiple marriages could be used to indefinitely avoid estate taxes.[/b] [/quote] As far as I am concerned there should be NO estate taxes with the excepting being the amount that might have been tax deferred...for instance IRA's or 401K's. Taxing the estate of a dead person is ridiculous. Doesn't matter how much money they leave. If you have taxed them throughout their lifetime then let that be enough.[/quote]
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