
“The CBO estimated that gay marriage in all 50 states would increase tax receipts by about $400 million a year if the George W. Bush tax cuts were extended and by about $700 million a year if they were not. Because those tax cuts ended up being mostly extended, the answer is probably somewhere in the middle, but closer to $400 million. The added revenue comes from the ‘marriage penalty’: Two-earner married couples where each spouse has a similar income tend to be taxed more heavily than they would be if both partners were single.”
Related posts:
Taxes Even Impact When We’re Born and When We Die
When the Meter Feeds on You
Why I'm burning my last bridge with Obama
Do You Like Guns? Sitting? Introducing the CouchBunker
Will Judge Napolitano Run for President in 2016?
The police state isn't coming – it's here
Seymour Hersh defends his blockbuster bin Laden story
Reality Check: VP Biden, "No law abiding citizens fears 2nd amendment infringement".
Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers
New Spying Apparatus Installed Throughout Downtown Seattle
Korea Announces Favorable Tax Policy for BTC
How the Government Tracks You: NSA Surveillance
The Future of Bitcoin - Bust, Bubble or Breakthrough?
Shortodile Golddee: That's not backwardation
A Central Banker with Austrian Instincts