Damsel in distress / taxing issues

   / Damsel in distress / taxing issues #11  
I'm afraid I can't help too much, but I just need to add my 2 cents. My brother & his ex-wife, both lawyers played the marriage tax game several times divorcing & remarrying according to which made the most tax sense. Illegal, I doubt it, that's like saying if you have kids for the tax break then you are breaking the law. The rules seem to be black & white, and they don't seem to consider your motives. If you have kids, you get a tax break, the IRS doesn't care why you had your kids. This may sound extreme sine NOBODY would ever bring a child into this world for such a silly reason. Maybe a more realistic case would be a man who steals food to feed his children, many might forgive such an act, but the law says it's illegal.

Back to the marriage tax, I think it is immoral to tax people on their participation in a religous custom. I was overjoyed when GW worked to eliminate this tax, but I was sorely disappointed when I found out that the repeal has an income limit. Rich married people must pay a penalty, when middle class married people don't. I would have preferred the total elimination of the marriage tax in conjunction with an increase in the upper tax brackets even if it meant I paid more taxes overall. I am offended by the marriage tax. It's morally wrong. My wife & I pay over $2000/year for the privilege of being married, but we won't play the game. We respect our marriage too much. My brother is now divorced for good, and I think that taking their marriage lightly contributed to their downfall.

Your friend could possibly calculate what the savings would be, and determine if that is worth it to them. http:// [url]http://www.turbotax.com/calculators/index.html [/url] It's free.
 
   / Damsel in distress / taxing issues #12  
Richard/Beenthere -

Looks like my decision to post came across the way I had hoped it would. Thanks for taking it in the spirit it was intended. /w3tcompact/icons/smile.gif
 
   / Damsel in distress / taxing issues #13  
I agree with what you said as well Ranchman. I also know that when people say they've cut to the bone that it usually doesn't mean that either. Do you still have cable, internet, eat out, have a new car, house, etc., etc. I also find it troubling that just because a person makes minimum wage then they shouldn't even work a part-time job. Wow that right there signifies to me what cutting to the bone means. Everyday many people make it on minimum wage. I think many of us have gotten way too spoiled to remember the value of a dollar. There are times we have all had to work minimum wage or below as farm, ranch, or waitresses can attest to. A person can make it. It's just if a person wants to make it. You don't have to lose your morality and dignity to do it you just have to keep your resolve.
 
   / Damsel in distress / taxing issues #14  
Just finished our taxes for 2002. I haven't figured what the marriage penalty has cost us since the first year we were married (1994). Because I had some extra time this year, I thought what the heck. What a mistake! We are not what you would call even upper middle class, but its costing us well over $2000 in state and federal taxes this year. Something about that is just not right!! /forums/images/graemlins/confused.gif
 
   / Damsel in distress / taxing issues #15  
When the last drop is skwuz out,you gotta do what ever it takes.
 

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