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Tax incentives for Marriage is Social Engineering

#42

(02-03-2020, 11:40 PM)EricC85 Wrote:
(02-02-2020, 03:28 PM)mikesez Wrote: I wonder how long ago they decided that a family's income tax rate should be reduced based on how many kids they have.
Many times I've heard people justifying it as society needs kids and we should encourage people to have them.
It's obvious that society needs kids. But I'm not sure those little tax incentives really cause more women to get pregnant and carry their pregnancies to completion.

I’m going to assume you have no children and don’t understand the tax rate adjustments for families versus single individuals?

Read it again. He's not claiming that there's no tax benefit from having children. He's claiming that it's not a factor in deciding whether or not to have children. I agree with Mikesez on this, although there are probably a few exceptions.


As far as the tax code, there can be a penalty for marriage as well as a benefit, depending on your status. I agree with flsprtsgod that the government shouldn't be using the tax code for social engineering, and that a consumption tax would be far better.



                                                                          

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Messages In This Thread
RE: Tax incentives for Marriage is Social Engineering - by MalabarJag - 02-04-2020, 10:53 AM
homebiscuit - by homebiscuit - 02-02-2020, 06:56 PM



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