Mike Savage | Source | CEO & Founder at 1-8... | Qwoted

Mike Savage

CEO & Founder at 1-800-Accountant

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1-800-Accountant (https://1800accountant.com/)
CEO & Founder

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Despite tax overhaul, marriage penalty still hits many couples

Some taxpayers, particularly high-income couples, still face a marriage penalty, meaning that they pay more in taxes than if they were each single.

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The Tax Cuts and Jobs Act attempted to eliminate the marriage penalty but it only pushed it out farther.

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