Well, finally the Senate passed a marriage tax break. As it is now, the deduction allowed for married couples is less than the same deduction that two single people would have. The plan is to even it out to that of two single people by 2001.
President Clinton doesn't like the bill because he wants something that deals specifically with low and middle income families and not upper income families.
Even if this is evened out, their will still be a penalty in many cases unless couples file taxes seperately. By combining incomes, they may jump up to another tax bracket and pay higher taxes.
The biggest thing about this marriage tax bill is that it sends a strong message to Americans that the government supports marriage.
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