It is a simple extension of existing law, existing law that eliminates the marriage tax penalty for 36 million married working couples. The example of a couple in the district that I represent who are those who face higher taxes if we fail to pass this legislation law is a couple by the name of Jose and Magdalena Castillo of Joliet, Illinois. They have a little boy and a little girl, Eduardo and Carolina. They are a hard working couple, and like 36 million married working couples, they could pay higher taxes unless this legislation becomes law. In 2001 and 2003 we worked with President Bush and we succeeded in essentially wiping out the marriage tax penalty for 36 million low income and middle class married working couples. For the Castillo family of Joliet, Illinois, it meant $1,125. Think about that. In Joliet, Illinois, that is a couple semesters worth of tuition at the community college. It pays several months of daycare. It is a down payment on a home. It is money they can put in their retirement account or their education savings account to help their children.
Editor's note · Context
Discussing the impact of legislation to eliminate the marriage tax penalty for working couples.
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