This is the situation with the gross income taxes, the couple, once they are married, actually end up paying more taxes. I will not go through this, but just suffice it to say that basically each individual is in a lower percentage tax bracket than they are collectively when they married. The percentage bumps up. They pay more taxes. And it is a crazy example of a policy that is wrong because if we as a country support the institution of marriage, then certainly we should not give people a financial penalty for getting married, particularly right now with all the children that we have running around who are illegitimate today. The gentleman is from Arizona. I am from Georgia. Georgia had a substantial tax cut, $500 million, exempted food from the sales tax, and as a result we have had one of the fastest growth rates in the history of our country. In 1992, since 1992, your Governor has cut taxes by 1.5 billion and including dropping the top rate from 8.7 to 5.6 percent and reducing the corporate tax rate as well. As a result, the new business creation has grown in Arizona three times the national average because folks are spending their money their way instead of sending it to Washington and having bureaucrats spend it for them.
Jack Kingston: “This is the situation with the gross income taxes, the couple, once they are married, actually end up paying more taxes.…”
Editor's note · Context
Discussing the impact of tax policy on married couples and economic growth during a floor speech.
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