I just did the calculations for two people. One makes 20,000 a year and the other makes 100,000 a year. As singles their total tax burden is 20,108. As a married couple the total is 17,506 for a total savings of $2,602 per year. If they both made 60,000 a year then it is a wash with a total of 17,512.
I didn’t double check my numbers. I did the calculation here:
If the name were different (call it a union, or whatever) instead of marriage, I’m just fine with it.
If the same sex folks keep insisting on having the permanent relationship called a marriage, all 50 states will never happen. Or at least I’ll be dead before it does.
I do believe thats because the deductions and exemptions are shaving off taxable income at a higher marginal tax rate. Your $20K person would have been taxed at 15% individually not 25% (around $3K vs about $5K) making up the vast majority of the differential, at lower tax brackets, the difference is far less pronounced. Any dependent can create this effect, not just a wife.
Yeah, as I got tired of banging my head against the wall, post #21 (and all the umpteen bazillion follow ups) still doesn’t tell me jack shit about how he’ll feel once it’s legal. So, I’ve given up. Perhaps s/he is incapable of telling us the answer to that question and sharing his, wait for it, FEELINGS on the subject of the OP. Good luck finding out.
You obviously don’t understand my point. I talking about private contracts and not marriage. There is nothing in what you quote that would prevent two people from having a binding power of attorney with each other even if the state doesn’t recognize any relationship.
The are some interesting discussion in some of the references to laws concerning polygamy. It might be interesting to see how the Supreme Court treats it when they DOMA comes before them.
I won’t like it. Do you expect me to rend my garments on something I don’t see as a moral issue? I don’t understand why other people think I should care about what other people do with their private parts.
I find it odd that Joel has a problem with SSM rather than a problem with the Tax Code. His numbers work the same way for a straight couple with NO CHILDREN.
I don’t expect you to do anything, except answer the freaking question before sometime before post #100. However, my idea for starting this thread has pretty much been confirmed by the few responses… those that fight do hard against something that only affects others, themselves will just go back to their regular life with nary a problem or by being affected themselves by what’s transpired. And that’s galling to me. If there’d been at least a few who were moving out of the country to take a stand against our newfound hedonism, then perhaps I’d have a modicum of respect for that side of the debate. As it stands, any last vestige has evaporated.
I do not support it. I don’t hate gays I just don’t agree with it. Too be fair though if it does become legal, then I say do it all and also allow multiple-partner marriages as well. Cause at that point what more could it hurt.
My father made comment about this subject the other day that took the edges off it. He said, “Why should they get off so easy, let them marry and suffer like the rest of us!”.
I had to call him back after my laughing fit had stopped. He further commented that this could be the key to my future retirement yacht. Said divorces would double in a few years, my wife is an attorney.
Actually that does appear to be outrageous. Frankly the only way that I can imagine that the Marshall-Newman Amendment has actually survived is that nobody has actually tried to enforce it.