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Money and Finances
Reply to "I want a Divorce- Taxes!!!"
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[quote=Anonymous][quote=Anonymous]DH makes a lot more than me and pulls me up several tax brackets upwards. I feel like I'm being robbed by being married. [/quote] Are you sure you are paying more because you are married? Normally if one spouse has an income that is significantly higher than the other spouse's income, the total taxes paid by the couple are lower when they are married then if they were single. It's when both incomes are fairly high and fairly equal that the marriage penalty kicks in. Yes, the marginal rate on what you earn is undoubtedly higher than it was when you were single, but if your husband's income really is significantly higher than yours I would be surprised that if your total taxes as a couple are higher than the taxes you both would pay as single individuals. Some people benefit from the tax code by being married (one-earner couples and couples where one person's income is much higher than the other person's), it is neutral for some couples (those with two moderate incomes), and it hurts some couples (those with two high incomes). [/quote]
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