Whats good about tax breaks for married couples?
Actually, there are some penalties for married filing jointly that nix the tax breaks for married couples. If you file jointly, then ALL money coming in is considered one income. That means that the “second income” (most often the woman’s, since women earn less over 60% of the time) is taxed at a higher rate than the primary income if it’s enough to put the couple in a higher tax bracket. Basically, our current tax system punishes wives for working. A lot of married couples file separately because of this.