Political Quotes

David Thomas: “I do so try to explain to some folks here apparently that currently in the Tax Code, if we have two people in the…”

On the recordMay 22, 2003
I do so try to explain to some folks here apparently that currently in the Tax Code, if we have two people in the 15-percent bracket, their combined tax obligation, and they are both single, is less than two people in the same tax bracket that are married. There is no requirement under current law that they both work. One cannot work and one can work. But when they are married, they are filing a joint return. In filing a joint return, they actually pay more in taxes than they do with two single returns. And I make this statement with some shock and awe that the ranking member of the tax writing committee apparently does not understand that.
Said by
David Thomas
New York
Source
govinfo.gov

Editor's note · Context

Discussing tax implications of filing status in the Tax Code.

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