I answer the Senator from Idaho by saying it does not. Again, if there are those in the Senate who believe this is one of those rich families who can afford to pay this tax, believe me, these are not rich young people. They are a hard-working young couple but by no means rich. They will work hard and probably will get there someday but right now they are not. It is the furthest thing from fairness. That is the Federal Tax Code. Even if this couple escapes the marriage tax penalty this year, they will still have to pay next year and the next year and the year after, for most of the rest of their lives, unless we change that, as we are trying to do this week with the legislation before the Senate. We are not talking about abstract tax policy. We are not talking about economic theory. We are talking about average families, real families, who are hurt every year by the marriage tax penalty. In many cases, we are not talking about a delay of a wedding. We are talking about a Tax Code that says do not get married if your family may need that second income because the IRS has first claim on that income. I asked that member of my staff why they felt they needed to postpone their wedding a few weeks. He told me it did not make any sense for him and his fiance to fork over another $1,400 to the Federal Government. Some might think that is cheating the Government, but he didn't think so.
Rod Grams: “I answer the Senator from Idaho by saying it does not. Again, if there are those in the Senate who believe this is one…”
Editor's note · Context
Discussing the impact of the marriage tax penalty on working families.
Share
More from Rod Grams
But his plan is not voluntary. You can voluntarily get in, but when you do not get in, you can't reapply. That is my understanding.
I ask unanimous consent the amendment be agreed to, the committee amendment in the nature of a substitute, as amended, be agreed to, the bill be read the third time and passed, the motion to reconsider be laid upon the table, and any…
That is the deductible. The individual would pay 25 percent of the cost of the prescription, and then if they were at an income level you are talking about, it would be a $150 deductible with no caps or limits for the year; not the $4,000…
But I wanted to come to the floor this morning to make a few remarks on a vitally important issue facing our Nation, which is how we are going to strengthen and save Social Security. But, first, I would like to commend George W. Bush for…





